ACG Denver
ACG Member News Headlines
ACG Member News
Dorothy Donnelly named ACG 2011 Outstanding Member of the Year
Dorothy Donnelly was named the Denver Chapter of the Association For Corporate Growth’s 2011 Outstanding Member of the Year.
Donnelly, national director of marketing for Denver-based Hein & Associates, served as conference chair of the Rocky Mountain Corporate Growth Conference, which generated more revenue and attendance than any of the previous nine conferences of the chapter. She helped recruit four major sponsors during that time. A member for over five years of ACG, she served as the conference marketing chair in 2010 and still is chair of the chapter’s marketing committee.
“It is very gratifying to be recognized for my efforts,” Donnelly said. “I didn’t expect it. I was just doing my best, trying to fulfill the commitments I made to the association and my employer. Then, a big old pat on the back comes along with an award which tells me ‘you did good!’ It was a thrilling moment for me.”
A graduate of Ithaca College, Donnelly previously operated Donnelly Consulting Group, was central region marketing director at Grant Thornton LLP; marketing senior manager at Deloitte and marketing director at Hancock Rothert & Bunshoft.
“ACG Denver has been extremely valuable to me personally and professionally,” Donnelly added. “It’s a great place to meet people who are passionate about our business community, and who are willing to work together to make a difference. I feel fortunate to be a part of this outstanding group of business leaders.”
ACG-Denver membership is open to middle market business executives, investors and service providers involved with corporate growth, divestitures and M&A activities. More information is available at http://www.acg.org/denver/default.aspx.
Submitted by Keith DuBay, BlueCoast Media Group.
Eide Bailly and Wipfli announce plans to merge
Eide Bailly LLP and Wipfli LLP plan to merge their professional practices. Pending regulatory approval, the two firms will officially combine on June 1, 2012.
The combined firm will be named EB Wipfli LLP, and will rank among the nation’s top 15 accounting firms, with annual revenue of more than $314 million. Combined, the new firm will serve more than 70,000 clients from 41 offices across the west-central United States and two offices in India. EB Wipfli will provide a comprehensive range of audit, tax, accounting, consulting, and professional advisory services to public and private companies across the country and internationally.
In a joint statement, Jerry Topp, Managing Partner/CEO of Eide Bailly, and Rick Dreher, Managing Partner/CEO of Wipfli, said, “Together, our firms will have the depth of resources necessary to help our clients meet their future challenges and leverage future opportunities. We are excited about what this merger will mean for our clients our associates and our partners.”
Topp, who will serve as Chairman of the merged firm, commented, “We are proud to join forces with a firm of similar size, scope, culture and service philosophy. Eide Bailly and Wipfli are both committed to offering our clients top-quality service and customized solutions to help them thrive, and to providing our staff with a positive culture and exciting career opportunities.”
Dreher, who will serve as the Managing Partner/CEO of the merged firm, said, “We have forged mutual respect and a strong relationship with Eide Bailly over the years, and feel this is an outstanding opportunity to combine our collective talents and strengths to enhance the value we bring to our clients, associates and the communities we serve.”
The new firm will be comprised of 2,327 associates, including 301 partners. Its national wealth management practice will rank as one of the largest in the accounting profession with nearly $3 billion in assets under management.
Eide Bailly expands its Boulder practice
Eide Bailly CPAs and Business Advisors recently expanded its Boulder practice with the acquisition of William D. Pyle & Associates P.C. Dory Troutman, tax manager; Ben Boggess, tax associate; and Sarah Hall, administrative assistant, have joined Eide Bailly. The acquisition of this tax practice adds nearly 350 clients to Eide Bailly’s client base. Eide Bailly recently moved into new space at One Boulder Plaza to accommodate expansion opportunities
Schuchat, Herzog & Brenman Serves as Counsel on $30.5 Million ADA-ES Common Stock Offering
Schuchat, Herzog & Brenman, LLC served as counsel to Littleton-based ADA-ES on its registered direct offering of common stock on NASDAQ, announced in late October. The company sold 2 million shares of its common stock at the public offering price of $15.25 per share for gross proceeds of $30.5 million. ADA-ES is a leader in clean coal technology and the associated specialty chemicals. Its proprietary environmental technologies and chemicals enable power plants to meet the challenges of existing and pending emission control regulations.
Barry Levine joins Hein & Associates
Barry Levine joined Hein & Associates as director in business advisory services. He will work with clients on strategic growth planning, business performance improvement, mergers and acquisitions, exit planning, and turnarounds and restructurings.
Levine has more than 27 years of business and legal experience working with both private and public companies in a variety of executive management (e.g. CEO), corporate development, business consulting, and legal positions. He was also a co-founder and owner of a middle-market consumer products company.
In addition to his business and transaction experience, Levine also has an extensive legal background. He served as general and associate counsel with a variety of public and private companies. Levine was also a senior corporate and securities attorney in Washington, D.C. and Los Angeles with two law firms, including six years at the international law firm of Fried, Frank, Harris, Shriver & Jacobson.
