Marcum Technology, a division of top 15 accounting firm Marcum that provides technology solutions and services, said Monday it had acquired the IT Enhanced Managed Services division of top 10 accounting firm CLA (CliftonLarsonAllen).

Financial terms of the deal weren’t disclosed.

As of June 1, former CLA team members, led by Tim McFarland, vice president of managed IT services, joined Marcum Technology. The acquisition expands Marcum Technology’s Managed IT Services group and adds additional experience to its healthcare and banking industry teams, according to a media release.

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Peter Scavuzzo

“We are thrilled to welcome CLA’s IT Enhanced Managed Services division into our team. This strategic move propels Marcum Technology’s expansion into the Midwest, grows our IT capabilities in the banking and healthcare industries, and deepens our commitment to excellence in IT managed services,” Marcum Technology CEO Peter Scavuzzo said in a statement. “With it, we are poised to enhance our collective capabilities and further our commitment to exceptional customer experiences across new horizons. Exciting opportunities await as we chart a course for shared success.”

CLA’s IT Enhanced Managed Services division provides a variety of consulting and outsourcing services, including business continuity and disaster recovery planning, cybersecurity, and technology advisory and strategy.