BKD buys Indianapolis firm Hamernik

BKD CPAs & Advisors has acquired Hamernik LLC, an Indianapolis-dependent consulting company that gives restructuring and enterprise advisory expert services, efficient March 1.

The deal adds one companion and two workforce to BKD’s existing Indianapolis office and a new exercise area for BKD. Economical phrases of the offer had been not disclosed. BDK rated 14th on Accounting Today’s 2021 list of the Top rated 100 Corporations, with $694.88 million in once-a-year income. The Springfield, Missouri-centered business has 38 workplaces, 295 partners and 2,856 personnel.

The acquisition will come amid new indicators of expansion for accounting companies, which have been hectic doing M&A bargains this yr as the financial state continues to slowly recuperate inspite of the ongoing COVID-19 pandemic.

“We increase a heat welcome to the most recent members of our business,” reported CEO Ted Dickman in a statement Monday. “BKD and Hamernik share a solid commitment to furnishing Unmatched Shopper Provider, and I am psyched to see how Hamernik will assistance us attain our objectives relocating forward.”

Hamernik dates back to 1995 and helps businesses with strategic assessments, session, and company and management transitions.

“BKD has a excellent reputation, not only in Indiana but nationally,” explained Kevin Hamernik, who will guide BKD’s new nationwide restructuring and specific predicaments exercise, in a statement. “We consider this will allow us to deepen and expand what we started off at Hamernik, by leveraging BKD’s wide pool of resources, qualified pros, assorted exercise regions and geographic coverage.”

Hamernik will also be aspect of BKD’s Transaction Advisory Expert services exercise, which is led by handling spouse Chris Dalton, at BKD’s Indianapolis business.

“With the addition of Hamernik, BKD will broaden our provider capabilities similar mostly to restructuring, turnaround and functionality improvement,” stated Dalton in a statement.

Last year, BKD obtained CampbellWilson, a Dallas-dependent company that focuses on well being treatment regulatory consulting, and a part of Grant Thornton’s municipal governing administration audit observe in Texas and Oklahoma.