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Eide Bailly Acquiring Williston, ND, CPA Firm

Media Contact

Elizabeth Stabenow

Director of Communications
701.239.8686

estabenow@eidebailly.com


Eide Bailly At A Glance

  • Serves 40,000 clients across the nation
  • 21 offices in 10 states
  • 1,200 partners/staff
  • $158 million in net fees
  • Ranked as one of the 10 best accounting firms in North America for quality of life issues and prestige in Vault’s Accounting Firms Rankings 2013: Vault Accounting 50 Report.


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WILLISTON, ND — Voller, Lee, Suess & Associates (VLS) will join Eide Bailly LLP on December 1, bringing more resources and services to clients in the rapidly growing Bakken Oil Region in Western North Dakota. VLS will add 3 partners, 12 staff members and $2.6 million in revenue to Eide Bailly, which is currently ranked as the 24th largest CPA firm in the nation.

“The economy in Western North Dakota has increased substantially and companies in the area are growing at exponential rates. VLS' clients are requesting more services to address their changing needs,” said Jerry Topp, Eide Bailly’s Managing Partner and CEO. “By combining VLS with Eide Bailly, companies in Western North Dakota will have access to a full line of core and specialty services, while continuing to receive personal service from local professionals – which is important to them."

VLS has traditionally provided accounting and tax services for clients in the region. With access to Eide Bailly’s resources, clients will have access to compliance and specialty services through one firm. "We continue to strengthen our existing services and develop new offerings to address our clients' needs," Topp said. "For instance, we know that all companies with more than 50 full time employees will be affected by the Patient Protection and Affordable Care Act come January 2014. We have developed analytics to help companies evaluate their situation and determine the best health insurance options for their future."

Rick Lee, VLS shareholder, commented that his firm is very excited about joining forces with Eide Bailly and becoming part of a regional firm. “Eide Bailly has a strong infrastructure that can support our own growing needs, as well as the service needs of our clients,” Lee said. “With their strong reputation for positive client relationships and a caring work environment, I am excited about our decision to join this progressive firm.”

Eide Bailly is ranked as one of the 10 best accounting firms in North America for quality of life issues and prestige in Vault’s Accounting Firms Rankings 2013. “By combining our practice with Eide Bailly, I know our people will have additional opportunities to specialize and advance their careers,” Lee added. “They will also benefit from customized learning events developed and delivered by a firm that is ranked No. 4 by Vault for formal training.”

Rick Lee will be joining Eide Bailly as partner; Nick Lee as principal; and Heidi Lee as partner. In addition, 12 staff members will join the firm.

About Eide Bailly

Eide Bailly provides 40,000 clients across the nation with our core services of audit & assurance and tax, as well as expanded services, including accounting services, employee benefits, enterprise risk management, financial services, forensic & valuation, technology, transaction services and wealth management. In addition to the Williston, N.D., location, the Firm has offices located in Phoenix, Ariz.; Boulder, Denver, Frisco, Golden, Grand Junction and Vail, Colo.; Boise, Idaho; Dubuque, Iowa; Mankato and Minneapolis, Minn.; Billings, Mont.; Fargo and Bismarck, N.D.; Norman, Oklahoma City and Tulsa, Okla.; Sioux Falls and Aberdeen, S.D; and Ogden, Utah.

About Voller, Lee, Suess & Associates

VLS has been serving clients in western North Dakota since 1943, providing primarily accounting and tax services. Their 15 team members pride themselves in providing nearly 2,500 clients with close, personal attention.