Milwaukee Journal Sentinel

Accounting firm merges into growing Wipfli LLP

- Paul Gores

Menomonee Falls accounting firm Sattell, Johnson, Appel & Co. has merged into Wipfli LLP, the fifth business to join the growing Milwaukeeb­ased accounting and consulting firm this year.

The transactio­n took effect Friday.

“This combinatio­n will benefit Wipfli by further strengthen­ing our resources and market presence in southeaste­rn Wisconsin, which has always been a key market for us,” Rick Dreher, Wipfli’s managing partner, said in a statement Wednesday announcing the deal. “The combinatio­n presents Wipfli with opportunit­ies to further add to our talented team of profession­als and build on our already strong client base of privately held businesses, nonprofit organizati­ons, and high-net-worth individual­s.”

Sattell, Johnson, Appel & Co., founded in 1954, is an accounting, audit and tax firm. As part of the merger, 33 profession­als, including three shareholde­rs, have joined Wipfli. They are scheduled to move to Wipfli’s headquarte­rs in Wauwatosa.

“When we were presented with the opportunit­y to merge with a national firm with such a rich history in Wisconsin very similar to ours, as well as a firm with consistent values and a similar commitment to excellence, we were excited to move forward and combine with Wipfli,” said Barry Sattell, chief executive officer of Sattell, Johnson, Appel & Co. “This combinatio­n will greatly benefit our clients by enhancing our ability to provide them with increased technical specializa­tion and expertise as needed to meet increasing demands in the marketplac­e. This combinatio­n will also provide our employees with enhanced career opportunit­ies.”

The combined firm will have approximat­ely 1,900 employees and 48 office locations across the United States and two offices in India. Wipfli is among the top 20 largest accounting firms in the U.S.

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