Baker Tilly continues to strengthen its presence in Texas with offices in four of the five largest cities in the state

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Baker Tilly to provide client accounting services for oil and gas industry. (Credit: skeeze from Pixabay)

Aadvisory, tax and assurance firm Baker Tilly Virchow Krause (Baker Tilly) announces its intent to acquire Oil and Gas Business Solutions, Inc. (OGBS), a Dallas-based firm specializing in complex and unique bookkeeping and back office services in the oil and gas upstream sector.

Founded 50 years ago, OGBS serves small and mid-sized independent operators, oil and gas investors, royalty trusts and brokers. .

“OGBS is a great complement to Baker Tilly,” Dallas Market Managing Partner Gary Boyd said.

“Our energy practice is growing and staying ahead of the curve with increasingly diverse capabilities that address emerging technology, operational efficiency, financial structuring and tax strategies.”

Baker Tilly continues to strengthen its presence in Texas with offices in four of the five largest cities in the state: Dallas, Fort Worth, Austin and Houston – the “energy capital of the world.”

“We’re proud of our history and reputation in the oil and gas industry,” OGBS President Tom Black said. “Joining Baker Tilly enables us to serve the growing demands of oil and gas clients’ evolving business and technology needs while providing exciting opportunities for our team members.”

All OGBS team members will join Baker Tilly. The anticipated effective date of the deal is June 1, 2020.

Source: Company Press Release