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BKD adds three offices, expands another

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Springfield-based accounting firm BKD LLC has added or expanded four offices in four states in the past month, adding about 60 new personnel and an expected $10 million in new revenues.

The additions:

• Grant Thornton LLP’s office in Colorado Springs, Colo., was acquired on May 1; its employees will be incorporated into BKD’s existing Colorado Springs office.

• The Evansville, Ind., office of Gaither Rutherford & Co. LLP will be added June 1; its employees will join BKD’s existing Evansville office.

• Lisle Compton Cole & Almen LLP and its personnel will be added, also on June 1, creating a new BKD presence in Oklahoma City.

Additionally, BKD’s Louisville office hired nine new health care consultants in late April and early May.

John Wanamaker, partner in charge of BKD’s Springfield office, said the timing of the additions was really a coincidence – the firm is not necessarily in an “expansion mode,” rather deals are considered on a market-by-market basis.

“This is purely coincidental that there would be four happening in the same time period,” he said.

Wanamaker declined to disclose the costs associated with the mergers and acquisitions.

With the new additions, BKD now employs more than 1,600 people in 28 offices in 11 Midwestern states.

See SBJ’s June 5 issue for more on BKD’s recent expansions.

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