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Sikich grows Chicago-area presence with acquisition of accounting practice

Sikich

Dec 7 2018

2 min read

Professional services firm strengthens accounting, audit and tax services for governments, educational institutions and not-for-profit organizations

CHICAGO — Dec. 7, 2018 — Professional services firm Sikich announced Friday that it has acquired the practice of Knutte & Associates, a Darien, Illinois-based audit, accounting and tax firm.

“The addition of the Knutte & Associates team adds strength to our audit, accounting and tax teams,” Sikich CEO Chris Geier said. “Our clients will especially benefit from their specialized expertise on auditing issues in the government, education and not-for-profit sectors.”

Founded in 1973 by J. Michael Knutte, Knutte & Associates specializes in completing student financial assistance (Title IV) compliance audits for educational institutions, as well as audits for governmental entities and not-for-profit organizations.

“Joining Sikich allows us to offer our clients access to an expanded team of talented audit, accounting and tax experts, as well as a comprehensive suite of professional services,” said Michael Knutte, CEO of Knutte & Associates. “We’re excited to add our expertise to this growing and innovative firm.”

Sikich’s work in the government, not-for-profit and education sectors includes offering accounting, advisory and technology solutions to colleges and universities, health care organizations, social service agencies, private foundations, welfare organizations, religious organizations, political action committees, civic and community organizations, and trade associations.

“Knutte & Associates is a nationally recognized specialist in Title IV audits and consulting, and will enhance our ability to help clients comply with this important requirement related to student financial assistance,” said Richard Lynch, partner-in-charge of Sikich’s not-for-profit and education practices. “Their talented professionals will extend our expertise and add increased depth to our work with governments, not-for-profit organizations and educational institutions.”

Knutte & Associates employees will join Sikich’s Naperville and Chicago offices. The transaction is scheduled to close on Jan. 1.

This publication contains general information only and Sikich is not, by means of this publication, rendering accounting, business, financial, investment, legal, tax, or any other professional advice or services. This publication is not a substitute for such professional advice or services, nor should you use it as a basis for any decision, action or omission that may affect you or your business. Before making any decision, taking any action or omitting an action that may affect you or your business, you should consult a qualified professional advisor. In addition, this publication may contain certain content generated by an artificial intelligence (AI) language model. You acknowledge that Sikich shall not be responsible for any loss sustained by you or any person who relies on this publication.

About the Author

Sikich

Sikich is a global company specializing in technology-enabled professional services. With more than 1,900 employees, Sikich draws on a diverse portfolio of technology solutions to deliver transformative digital strategies and is comprised of one of the largest CPA firms in the United States. From corporations and not-for-profits to state and local governments and federal agencies, Sikich clients utilize a broad spectrum of services* and products to help them improve performance and achieve long-term, strategic goals. *Securities offered through Sikich Corporate Finance LLC, member FINRA/SIPC. Investment advisory services offered through Sikich Financial, an SEC Registered Investment Advisor. 