In today's firms you've probably never heard of if you aren't in the Midwest news, we've gotten word that Plante Moran will announce it's taking on Chicago firm Blackman Kallick as its new +1 at some point today. This should be pretty exciting for the Blackman Kallickers since Plante Moran has a great reputation (size isn't the only thing that matters, after all) and we expect it to work out well for both firms.
Post merger, they'll be looking at about $350 million in combined revenues, probably 18 offices (Blackman's only got one in Chicago), 257 partners and 1,355 professionals (based on Accounting Today data).
They must have been matched on eHarmony as both firms have a reputation for great culture and supportive environments. “The informal training at Blackman is great. Everyone seems willing to help out, and no one is too busy for simple questions or inquiries about careers. I have had a great experience with formal mentors who are genuinely interested in helping me achieve my goals and advance my career. They are never too busy to discuss with me concerns and issues I may have or point me in the right direction.”
Blackman Kallick is currently #23 on Vault's Accounting 50. Founded in 1962, Blackman Kallick is the ninth-largest accounting and consulting firm in Chicago and offers all sorts of employee perks like a high deductible medical plan for the healthy youngsters, busy season love like occasional on-site chair massages and decent salary and benefits. "The firm works hard to show they really care about employees," said one employee on Vault.
Plante Moran, meanwhile, ranks 6th on the Vault Accounting 50 and has added several hundred staff members and several dozen partners in the last few years. By adding Blackman Kallick, Detroit area Plante Moran will expand its reach in Chicago and strengthen its reputation as a strong healthcare firm. All in all, it looks like a smart move for both firms.