Wiplfi LLP said Tuesday it has acquired the Arizona consulting firm TopLine Strategies, giving Wipfli its first physical location in the southwestern U.S.
Financial terms of the transaction weren't disclosed, but Milwaukee-based Wipfli has added 19 employees in the deal with TopLine, of Scottsdale.
The acquisition is the ninth for Wipfli in the last three years, as the accounting industry continues to consolidate.
“TopLine Strategies is an outstanding firm in the Southwest, a targeted geographic region for Wipfli’s growth,” Kurt Gresens, Wipfli’s managing partner, said in a statement.
Gresens said TopLine's technologies, such as customer relationship management and business intelligence, "complement and deepen Wipfli's wide range of IT consulting services."
TopLine Strategies has provided business technology in the southwestern U.S for more than 30 years. As part of the transaction, the TopLine Strategies professionals, including four shareholders, have joined Wipfli.
“There are so many reasons this was a good fit for TopLine Strategies," said TopLine chief executive Tim Fargo. "Through this transaction with Wipfli, we will have access to the firm’s broader network of services and resources to offer our clients so they can continue to capitalize on the opportunities ahead."
With the acquisition of TopLine, Wipfli has more than 2,300 employees and 48 office locations.