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BerganKDV Announces Merger with Turnaround Firm Alliance Management

May 31, 2018, 08:01 AM
Filed Under: Turnaround Management

BerganKDV and Alliance Management, located in Minneapolis, Minn., have merged together. This partnership brings together two leading professional services firms whose primary mission is to help clients find solutions to their complex business, financial and technology challenges. As a result of the merger, Alliance Management is now Alliance Management, A BerganKDV Company.

“This is an exciting time for BerganKDV. Alliance Management has a unique service offering that will strengthen our current portfolio. We’re excited to get to work with their team and utilize their expertise,” said Loren Viere, President & CEO, “Our clients will find additional opportunities to grow and succeed as well, and we look forward to helping them do that!”

The merger offers deepened bench strength and expertise for both BerganKDV and Alliance Management. For BerganKDV, what’s known as Turnaround Management—the evaluation and revitalizing distressed companies as these companies work their way back to profitability—will be a unique value add. Alliance Management will gain access to assurance and accounting, technology, wealth management, valuation services, due diligence support and forensic accounting solutions.

“We are both broadening our service offering,” said Michael Knight, Alliance Management President, “In my conversations with Loren, it became apparent that our organizations shared a common goal of putting clients’ needs first and building unwavering relationships with those we serve. This merger will be mutually beneficial to all involved.”

The Alliance Management team consists of 10 individuals who will continue to work at their current locations in Minneapolis and Denver, Colo. which brings the current headcount at BerganKDV to 359 employees.

About BerganKDV: BerganKDV is a professional services firm that solves complex business, financial and technology challenges, all under one roof. We have more than 350 employees in our locations in Iowa and Minnesota offering tax, audit and accounting, planning and consulting, technology, payroll and HR management and wealth management services throughout the Midwest.

About Alliance Management, A BerganKDV Company: Alliance Management is a professional services firm that assists distressed companies by running and managing the troubled businesses back to profitability by offering turnaround management services, interim management and receivership work, restructuring assistance, M&A advisory services and business exit strategies.

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