Eide Bailly merges in Secore & Niedzialek

Eide Bailly, a Top 20 Firm based in Fargo, North Dakota, has added Secore & Niedzialek PC, a CPA and tax planning firm based in Phoenix.

The merger will add two partners and 10 staff members to Eide Bailly. Financial terms of the deal were not disclosed. Eide Bailly ranked No. 19 on Accounting Today's 2023 list of the Top 100 Firms. The firm reported annual revenue of  $616 million over the past year and has over 3,300 staff members, including more than 350 partners. 

"We are delighted to join forces with Secore & Niedzialek," said Eide Bailly CEO and managing partner Jeremy Hauk in a statement Wednesday. "The firm's extensive track record and deep industry expertise make them the perfect complement to Eide Bailly. We have seen incredible growth in the Phoenix and Scottsdale markets recently. This combination will further build Eide Bailly's brand and market depth in a thriving region." 

Secore & Niedzialek president Earl Secore and shareholder Ted Niedzialek co-founded the firm in 1986.

"Ted and I are very excited to join forces with a national firm with similar values and client commitments," Secore said in a statement. "We look forward to continuing to provide the same level of service our clients have experienced over the past 38 years while gaining the ability to add a wider range of services to our clients. We are also excited for the career opportunities and growth for our valued employees." 

Koltin Consulting Group CEO Allan D. Koltin advised both firms on the merger. "Eide Bailly continues to find best in class and high performing firms to join them," he said in a statement. "Secore & Niedzialek represents some of Arizona's most wealthy and successful entrepreneurs and combining with Eide Bailly was a perfect solution for their people and their clients."

Earlier this fall, Eide Bailly merged in Raimondo Pettit Group, a firm with three locations in Southern California, effective Oct. 30, 2023. In August, Eide Bailly announced it was expanding in California and Washington State by adding another firm, Bessolo Haworth. In July, Eide Bailly added Spectrum Health Partners, a financial advisory services firm based in Franklin, Tennessee, that focuses on the health care industry and King & Oliason in Seattle. Last year, it merged in Seim Johnson in Omaha, Nebraska, and in 2021, it expanded in Minnesota by adding PWB CPAs & Advisors, a firm based in the Minneapolis-St. Paul area. In 2020, it added Mukai, Greenlee & Co. in Phoenix,  HMWC CPAs in Tustin, California, and Platinum Consulting in Fullerton.