Top 10 accounting firm Baker Tilly has acquired Invoke Tax Partners, a Dallas-based firm that specializes in state and local tax services.
Financial terms of the deal weren’t disclosed.
Chicago-based Baker Tilly said buying Invoke Tax Partners enhances its capabilities in real estate and business personal property tax, sales and use tax, and severance tax.
“By bringing Invoke’s cutting-edge expertise and dynamic team into Baker Tilly, we’re not just augmenting our specialty tax services—we’re redefining how we deliver value to clients on a national level,” Lynette Stolarzyk, managing principal of tax services at Baker Tilly, said in a statement. “This combination empowers us to drive meaningful results for clients in key industries like manufacturing, commercial real estate, energy, and distribution.”
Invoke provides state and local tax solutions nationwide through more than 90 professionals and a network of local offices. The firm services clients within a variety of industries, including commercial real estate, manufacturing, energy, leasing, telecommunications, and distribution.
“This is an exciting next chapter for Invoke,” said Mark Boozer, founding partner of Invoke Tax Partners. “Joining Baker Tilly not only creates new growth opportunities for our team, our combined capabilities will drive value for our existing and future clients while preserving the quality and service that have always defined our work.”
The acquisition of Invoke Tax Partners, along with the recent acquisitions of CironeFriedberg in Connecticut, Hayflich CPAs in West Virginia, and Hancock Askew in the Southeast, is part of Baker Tilly’s strategy to broaden its footprint and expertise across the country. That strategy is supported by private equity funding Baker Tilly received from Hellman & Friedman and Valeas Capital Partners last year.
“These acquisitions reflect the momentum generated by our recent investment, which is accelerating our growth strategy and enabling us to deliver even greater value to our clients and teams across key markets,” said Fred Massanova, Baker Tilly’s chief growth officer.
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