Charles Russell Speechlys advises CLA UK on the acquisition of Engine B
Charles Russell Speechlys has advised CLA UK (CliftonLarsonAllen UK Ltd.), a subsidiary of CliftonLarsonAllen LLP, the eighth-largest accounting firm the United States, on its acquisition of Engine B, a UK-based technology firm.
This strategic acquisition demonstrates CLA’s commitment to harnessing cutting-edge technology to enhance client service and will allow CLA professionals to focus more on client engagement, pursuing new business opportunities, and delivering value-added services.
Engine B is a next-generation AI-driven, UK-based technology company that specializes in delivering generative AI solutions for the professional services industry, providing deeper insights and opportunities for their clients.
Cathy Clarke, Chief Culture Officer, CLA, commented:
“The Charles Russell Speechlys team was a great help in this effort. Their advice was commercial, pragmatic and delivered in a timely manner, focusing on what really mattered to us.”
Keir Gordon, Corporate Partner, commented:
“It was a pleasure working with everyone at CLA. Bringing together our tech sector expertise and our experience in working with professional services firms, this exciting acquisition sits nicely in our sweet spot.”
The team was led by Corporate Partners Charlie Ring and Keir Gordon and Associate Grace Hudson. The wider deal team included Joseph Fleming and Eleanor Pooley (Corporate), Caroline Young (Commercial), Robert Birchall and Tessa Newman (Corporate Tax), and Sophie Lockwood (Employment).