BKD acquires Dallas accounting firm

Springfield-based BKD LLP has acquired Dallas accounting firm KBA Group LLP, effective June 1.

KBA brings eight partners, 95 employees and about $16 million in annual revenue to BKD, according to a BKD news release. The Dallas firm provides audit, tax, risk management and transaction advisory services, as well as family-owned business services to private companies.

"We believe joining BKD is a perfect match," KBA Managing Partner Larry King said in the release. "A wider array of services offered and industries served will allow us to better meet the needs of all of our clients in this growing global market."

The expansion gives BKD a larger presence in the Texas market, where the company already has offices in Houston and San Antonio, the release said.

BKD is ranked among the 10 largest CPA and advisory firms in the country and has about $354 million in annual revenue. The firm has more than 2,000 personnel - including about 250 partners - in 32 offices in 12 states.