Sikich, a Top 30 Firm based in Chicago, is acquiring Cotton & Co., an accounting firm in Alexandria, Virginia, expanding its local, state and federal government client base, effective March 31.
This move will also expand Sikich’s presence in the Washington, D.C., metropolitan area. Sikich first entered the D.C. market with the 2019 acquisition of
Cotton dates back to 1981 and offers financial and information assurance, financial and information systems consulting, contracts and grants, and litigation support. Its clients include cabinet-level civilian and defense agencies, and independent federal and legislative branch agencies, as well as state government and commercial entities.
Financial terms of the deal were not disclosed. Sikich ranked No. 30 on Accounting Today’s 2021 list of the Top 100 Firms. Its revenue in 2021 was $228.57 million.
The Cotton acquisition will bring an additional 15 partners and approximately 200 total employees to Sikich. Sikich has 98 partners and nearly 1,200 total employees.
“Over the past 40 years, the Cotton & Co. team has established an unmatched level of sophistication in serving federal government agencies and programs and compete at a level very few can,” said Sikich CEO Chris Geier in a statement Tuesday. “Amid record growth here at Sikich and with our eyes toward continually building for the future, I am excited to pair their talented, industry-leading team with our strategic mix of services to bring second-to-none capabilities and solutions to the government and government contracting spaces.”
Cotton’s leader sees advantages in leveraging Sikich’s technology and services for his clients. “Sikich operates at the forefront of innovation in the professional services space, driving the digitization of organizations through a myriad of best-fit technologies, such as business intelligence, automation and workplace productivity tools,” said managing partner Steve Koons in a statement. “We look forward to joining Sikich’s vibrant, client-centric culture where technology-enabled solutions will continue to drive value for our people and our clients.”
Last October, Sikich added the
