BDO USA has acquired Piercy Bowler Taylor & Kern, CPAs (PBTK), a Las Vegas-based accounting and consulting firm.
Founded in 1990, PBTK delivers accounting, audit, tax, valuation, and operational consulting services to clients across a range of industries, including gaming and hospitality, government and nonprofit, and real estate and construction.
The company has grown from a Las Vegas office of 12 professionals to the largest locally owned accountancy in Southern Nevada, with nine partners and approximately 60 professionals, and with further locations in Reno and Salt Lake City. The Utah office focuses on government auditing, litigation, bankruptcy, and compliance services.
PBTK was previously a member of DFK/USA and DFK International, an association of independent accounting firms in 70+ countries.
BDO USA’s acquisition of PBTK expands its presence in Nevada and Utah, while expanding its capabilities in serving the hospitality and gaming industry.
“PBTK’s incredible track record of technical excellence and exceptional client service makes them a perfect fit for BDO,” said Wayne Berson, CEO of BDO USA. “Their comprehensive capabilities across multiple business lines and industries, specifically in the gaming and government sectors, will complement and enhance our current strengths in these sectors and triple our size in the region. We look forward to welcoming PBTK’s talented leadership team and professionals to BDO and working together to redefine excellence for our clients in Nevada, Utah, and beyond.”
BDO said that it would maintain the acquired firm’s three locations in Las Vegas, Reno, and Salt Lake City.
“By joining BDO, PBTK clients will still receive the same excellent service from a deep-rooted local team, but will now have access to the additional global resources and capabilities of an international firm,” said Thomas Donohue, president of PBTK. “We were immediately drawn to BDO’s people-first culture, as well as their significant investments in digital transformation.”
The firm in January launched BDO Digital, LLC, a digital advisory business aimed at helping middle market companies ($10 million to $1 billion in annual revenues) innovate and transform through technology. BDO Digital combines the firm’s legacy technology & business transformation services practice with SWC Technology Partners, an IT solutions firm which was acquired in July 2018. It boasts more than 400 digital advisory professionals, including strategists, systems integrators, data scientists, software developers, change management professionals, and industry-specific advisors.
BDO this year has also acquired tax consultancy Biegel Waller, as well as Biegel Waller Investment Advisory Services.