Two Top-20 U.S. accounting firms that plan to officially merge June 1 have selected the name of the organization.
The firms, Springfield, Mo.-based BKD, LLP, and Charlotte-based DHG, selected FORVIS — a combination of the words “forward” and “vision.” The firm will have more than 5,400 partners and team members and include $1.4 billion in revenue, reportedly making FORVIS the eighth-largest U.S. professional services firm.
Leaders of the two organizations say the merger allows for national growth and could allow for global expansion. “Our combined vision will build on BKD’s and DHG’s strong foundations and legacies,” a press release stated. “FORVIS will remain committed to unmatched client experiences and meaningful career opportunities for people while bringing our clients and prospects enhanced resources and even more trusted advice.”
Current BKD CEO Tom Watson will serve as FORVIS CEO. DHG CEO Matt Snow will serve as chair. “For years, both BKD and DHG have built strong reputations as high-value, professional client firms,” Watson said. “We’ve established complementary geographic footprints and strong capabilities in a range of critical service sectors. Together, as one organization, we will deepen our bench strength even further, allowing us to continue to serve our existing client base while also providing the resources necessary to serve an ever-increasing upstream client base.”