Firm Management
EisnerAmper Joins Forces With Tighe, Kress & Orr in Illinois
The top 20 accounting firm is expanding its presence in the Chicago area by merging in Elgin, IL-based Tighe, Kress & Orr.
Sep. 05, 2024
Top 20 accounting firm EisnerAmper is expanding its presence in the Chicago area by merging in Elgin, IL-based CPA firm Tighe, Kress & Orr.
Financial terms of the deal, which is expected to become final in October, weren’t disclosed.
“TKO really gets it. They listen to clients, work with them on tailored solutions, and strive for ongoing client growth,” Jay Weinstein, Eisner Advisory Group vice chair of industries and markets, said in a statement. “The professionals at TKO take a proactive, long-range approach, and those are the types of firms we want to team up with. We warmly welcome TKO to the EisnerAmper family.”
Founded in 2007, and with offices in Chicago and Elgin, Tighe, Kress & Orr has five principals and employs approximately 100 professionals. The firm provides tax, accounting, advisory, and assurance services to startups through mid-market enterprises. Its diverse client base consists of individuals, companies, closely held businesses, and nonprofit organizations.
“In addition to our expertise, integrity, responsiveness, and personalized service, TKO helps make its clients informed decision makers—which adds tremendous value,” said Robert Tighe, managing principal of Tighe, Kress & Orr. “And we see these same qualities in EisnerAmper, which is why this move makes a lot of strategic sense.”
Allan Koltin, CEO of Koltin Consulting Group, who advised on this deal, said, “EisnerAmper continues to combine with high-performing firms and TKO is no exception. TKO has also become a destination for entrepreneurial talent. And while EisnerAmper continues to transform the profession, it has also found a way to keep a family-feel culture.”
Since receiving private equity backing in 2021, EisnerAmper has completed several M&A deals with smaller firms to expand its footprint throughout the U.S. EisnerAmper’s most recent deal was a merger with fellow top 100 accounting firm Krost CPAs in Los Angeles. That transaction is expected to close this month.