BKD pens another acquisition

Springfield-based public accounting firm BKD LLP has been heavy in mergers and acquisitions activity in recent weeks.

The company's latest deal involves the acquisition of Appleton, Wisconsin-based Ledgeview Partners, which specializes in customer relationship management technology and is a Microsoft and Salesforce partner, according to a news release. The deal closed March 1 for undisclosed terms.

"We were first attracted to Ledgeview based on their outstanding reputation for successful CRM implementations, which is a valuable strategic addition to our technologies capabilities," BKD CEO Tom Watson said in the release. "But we’re equally impressed by their efforts to truly gain trusted adviser status with their clients by providing a seamless suite of services designed to help their clients achieve success.”

The purchase of Ledgeview Partners also is a geographic play for BKD. Ledgeview’s team members remain at their currently location, which becomes BKD's northernmost office.

In other M&A moves, BKD last week announced the acquisition of Little Rock, Arkansas-based Bankers Assurance LLC. Earlier in February, BKD and Charlotte, North Carolina-based DHG inked a merger deal that would create a combined entity with $1.4 billion in annual revenue and place it among the Top 10 largest U.S. public accounting firms, according to past reporting.