Accounting and consulting firm CDH has acquired Pier & Associates, a boutique public accounting firm based in Chicago.
Founded in 1991, Pier & Associates provides accounting, audit, tax, and business advisory services to individuals and small businesses in a range of industries. The firm has more than 10 employees, according to LinkedIn.
CDH’s acquisition of Pier & Associates will strengthen the firm’s Chicago presence.
“We have had the pleasure of knowing and working with Pier on several occasions over the years, and we are confident that they are the perfect complement to our growing advisory services as we expand our footprint in the Chicagoland market and beyond,” said Wendy Kelly, CEO and managing principal of CDH. “We have been impressed by Pier’s work and their commitment to value-driven client service and look forward to what we can achieve together.”CDH is based in Itasca, a Chicago suburb, and has more than 120 employees. The firm’s business consulting services include fraud and forensics, valuations, HR and recruitment, and IT consulting.
CDH was founded in 1996 and has offices in Itasca, Chicago, Milwaukee, and Albany, as well as an international office in Japan. The firm is #283 on Inside Public Accounting’s list of the top 400 US-based accounting firms, with annual revenue of $13.41 million.
“Our affiliation with CDH will allow us to build on the success that we have realized over the past thirty years,” said Mary Lou Pier, founder of Pier & Associates. “We look forward to deepening our relationship and enhancing our services to clients as we bring together our teams of talented professionals.”
CDH in 2020 expanded its IT practice with the acquisition of Albany-based ADS Business Intelligence. The deal added area expertise in Sage Intacct financial management software implementations.