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Monday, Nov 25, 2024

Aprio Buys KKB in Woodland Hills

Aprio, an Atlanta-based advisory and accounting firm, recently purchased Kirsch Kohn & Bridge (KKB) in Woodland Hills to continue its expansion efforts in the region. Terms of the deal were not disclosed.

“Southern California is an economic powerhouse with diverse industries, a robust entrepreneurial spirit and a dynamic business community,” Aprio Chief Executive Richard Kopelman said. “This expansion reflects Aprio’s commitment to building a stronger West Coast presence and serving our clients where they are.”

Aprio previously made moves in San Francisco and Walnut Creek and views this latest acquisition as an opportunity to dig into prominent Los Angeles industries like construction, manufacturing, retail, real estate and professional services. It’s KKB’s knowledge and experience in these particular industries that stuck out to Aprio as well as KKB’s “well-earned reputation for technical abilities and approach to client care,” Kopelman said.

With this acquisition, five KKB team members will become partners at Aprio and over 30 others will stay on in various roles.

KKB’s Managing Partner Carisa Ferrer will lead the team.

“As we move forward with our combined knowledge, we will accelerate our ability to leverage innovative talent, business processes, cutting-edge technologies and advanced solutions to help our clients with even greater precision and care,” Ferrer said in a statement.

In Kopelman’s nearly 12 years leading Aprio, it has gone from one standalone firm to now having 27 U.S. locations and two overseas, all of which came from mergers and acquisitions.

In addition to Aprio’s interest in the West Coast, Kopelman said the Midwest is also top of mind.

“These regions offer thriving entrepreneurial ecosystems, high-growth industries and dynamic markets where we see opportunities to deepen our presence and add the most value for clients, supporting their evolving needs,” he said.

Hannah Madans Welk
Hannah Madans Welk
Hannah Madans Welk is a managing editor at the Los Angeles Business Journal and the San Fernando Valley Business Journal. She previously covered real estate for the Los Angeles Business Journal. She has done work with publications including The Orange County Register, The Real Deal and doityourself.com.

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