Minneapolis-based accounting giant CliftonLarsonAllen has added Portland, Oregon-based Perkins & Company to its growing national network, effective July 1.
CliftonLarsonAllen, known as CLA, is an IPA 100 firm with FY24 net revenue of $2.05 billion, placing it among the largest accounting firms in the United States.
Perkins & Company, an IPA 200 firm, recorded FY24 net revenue of $46 million and has served the Pacific Northwest market for four decades.
Founded in 1986, Perkins & Company specialises in serving privately held businesses and nonprofit organisations across the Pacific Northwest region.
The combination brings more than 200 professionals into CLA’s fold, along with significant regional experience built over nearly 40 years of local practice.
CLA said the deal expands its existing presence in Portland and Southwest Washington, two markets the firm has identified as strategically important for continued growth.
Unlike many mergers in the accounting sector, CLA said this combination grew out of a long-standing relationship between the two firms rather than a brokered process.
The organic nature of the deal reflects CLA’s independent, partner-owned approach to pursuing growth through trusted relationships rather than transactional matchmaking.
Clients of Perkins & Company will continue working with the same local professionals they already know, while gaining access to CLA’s broader national and global resources.
Paul Bailey, chief growth officer at CLA, highlighted the cultural alignment between the two organisations as a key factor in bringing the deal together.
“Perkins & Company brings a strong reputation in the Pacific Northwest and a culture centered on relationships and community,” said Bailey.
“Their experience serving privately held businesses, nonprofits and professional services organizations aligns well with CLA’s approach, and we’re pleased to welcome their team as they continue serving clients locally,” Bailey added.
The merger continues a period of active consolidation across the US accounting industry, with mid-sized regional firms increasingly joining larger national platforms to expand their service capabilities.