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BKD division changes names

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Tomorrow is a big day for Springfield-based public accounting firm BKD LLP.

A name change for its investment banking arm, as well as the completion of two acquisitions, all are on the Saturday docket.

BKD Corporate Finance LLC is slated to become BKD Capital Advisors LLC in accordance with its 25-year milestone, according to a news release.

“Advisory is the most important aspect of the services we provide to our clients who, in a liquidity event, are potentially going through the most important transaction of their career,” BKD Capital Advisors President Tony Giordano said in the release. “Although BKDCA is a 20-person shop and growing, being able to provide our clients with access to BKD’s resources allows us to provide unique and exceptional service levels comparable to larger investment banking organizations.”

Led by Giordano, who works in Denver, BKD Capital Advisors consults clients on company sales, divestitures, debt and equity matters, mergers and acquisitions, strategic planning and other transactions. The division’s website lists four employees in Springfield: directors Jason Corson and Austin Propst, Vice President Wyatt Jenkins and Assistant Vice President Chelsea Davidson.

A BKD official did not provide the division’s revenue by deadline.

BKD also announced this month two purchases — of Austin, Texas-based Teegardin & Associates CPAs and Salt Lake City-based Stayner Bates PC — would be finalized June 1. BKD expects revenue to approach $660 million after the deals are completed, up from $600 million, Springfield Business Journal previously reported.

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