Sikich Acquires Evolution Retirement Services
NAPERVILLE, IL, March 28, 2017 -- Professional services firm Sikich LLP announced Tuesday that it will acquire the business of Evolution Retirement Services, which provides retirement plan design and administrative services for small and midsize businesses. The ERS team will bolster Sikich's employee benefit services practice, which assists companies with benefit plan design, administration and compliance.
"Our team is skilled at helping companies develop and administer employee benefit plans that enable them to attract and retain talent," said Chris Geier, CEO and managing partner of Sikich. "At the same time, we help them comply with complex regulatory requirements. The addition of Evolution Retirement Services will add depth to our employee benefit services practice and enhance the retirement planning services we offer companies across industries."
Based near Milwaukee in Wauwatosa, Wisconsin, Evolution Retirement Services helps companies design and administer retirement plans, including profit-sharing plans, 401k plans, money purchase pensions and cash balance plans. The company's employees will join Sikich's office in Brookfield, Wisconsin.
"We are very excited and proud to be joining Sikich," said Mark Maurice, president of Evolution Retirement Services. "This deal allows for regional expansion of our retirement plan administration services and ensures long-term stability for our employees and clients. Further, Sikich's depth of expertise across its various practice areas will enable us to offer our clients new insights and services."
This latest acquisition follows Sikich's acquisitions in 2016 of the business of Brockman, Coats, Gedelian & Co., an Akron, Ohio-based firm offering audit and assurance, tax, technology and wealth management services, SCS, a technology firm based in Glendale, California, and Stanfield & Associates, a Downers Grove, Illinois-based accounting firm. The Evolution Retirement Services transaction is expected to close effective April 1.
Sikich LLP, a leading professional services firm specializing in accounting, technology, investment banking and advisory services, has more than 800 employees throughout the country. Founded in 1982, Sikich now ranks as the country's 27th largest Certified Public Accounting firm and is among the top 10 of all enterprise resource planning solution partners in the country. From corporations and not-for-profits to state and local governments, Sikich clients can use a broad spectrum of services and products that help them reach long-term, strategic goals.
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