(Toronto, January 19, 2011) – KPMG has acquired Chilliwack-based Clark & Associates, a 5-member firm focused on Assurance Services in the Enterprise market. The principal owner, Don Clark, has transitioned his business to KPMG; three of the staff members of Clark & Associates have joined the Chilliwack office as of January 5, 2011.
“This is a very positive development for us, enhancing our market share in the community. The acquisition brings together two similar cultures, values, and similar Enterprise clients, and will provide exciting new opportunities for both Clark & Associates and KPMG Enterprise’s professionals,” says Sean Reid, Office Managing Partner of the firm’s Chilliwack office.
Clark & Associates has a 20-year history in the Chilliwack marketplace. As the firm has limited capacity in Tax and Advisory services, KPMG’s practice will have new opportunities to deliver these services to the Clark & Associates client base.
The acquisition will enhance KPMG’s presence in the Chilliwack marketplace and further grow the KPMG Enterprise practice in the Greater Vancouver Area. It is also a positive development for the clients and staff of Clark & Associates, aligning them with a global organization with a strong and growing Enterprise practice.
“Over the coming months, our KPMG Enterprise team will work collaboratively with Clark & Associates to ensure the delivery of exceptional client service and a seamless transition for both clients and professional staff,” says Reid.
KPMG LLP, the audit, tax, and advisory firm, a Canadian limited liability partnership established under the laws of Ontario, is the Canadian member firm of KPMG International. KPMG International’s member firms have over 140,000 professionals, including more than 7,900 partners, in 146 countries.
For more information contact:
Julie Bannerjea, Head of Media Relations, 416-777-3243/jbannerjea@kpmg.ca