Firm Management
CLA Acquires Axiom CPAs in New Mexico
Four partners and 16 team members from Axiom, a full-service accounting firm based in Albuquerque, joined CLA on Aug. 1.
Aug. 01, 2024
Top 10 accounting firm CliftonLarsonAllen (CLA) has acquired Axiom CPAs & Business Advisors, an Albuquerque, NM-based full-service accounting firm.
Financial terms of the deal weren’t disclosed. Four partners and 16 team members from Axiom officially joined CLA on Aug. 1.
“The team at Axiom is another great addition to our CLA family,” Scott Engelbrecht, chief geographic officer for CLA, said in a statement. “CLA continues to be an attractive location for exceptional organizations like Axiom that are looking to grow and expand, within a firm that has similar values and philosophies. And their deep knowledge of New Mexico and the Southwest U.S. economy will only further to extend the value that CLA brings to clients across the country.”
Founded in 2012, Axiom provides services for its clients related to tax, assurance, and general accounting, as well as specialty tax credit and incentive services and state and local tax consulting.
Axiom clients are in a variety of industries that CLA said aligns well with its focus, including construction, real estate, manufacturing, technology, and government.
“As we continue to grow and serve more and more clients, we felt it was time to become part of a firm like CLA that is like-minded and that has the resources and technology to help our clients continue to thrive,” said Ron Saavedra, partner at Axiom. “Both firms believe in similar philosophies, like offering meaningful and valued services to clients, and continuing to invest in the future through artificial intelligence and digital technologies. We are excited to be part of such a progressive-thinking firm.”
With nearly 9,000 professionals in 130 offices across the country and in the U.K., CLA provides audit, accounting, wealth management, digital, and tax services to its more than 200,000 clients.