Sikich acquires East Coast technology firm

NAPERVILLE - Professional services firm Sikich LLP said it has acquired Altico Advisors in a move that will expand the company's technology service offerings and expand its presence on the East Coast.

Terms of the acquisition were not announced.

Based in Marlborough, Mass., Altico specializes in implementing and supporting Microsoft Dynamics GP, Microsoft Dynamics CRM and NetSuite solutions for middle-market clients across a mix of industries, including manufacturing, distribution and professional services. The transaction adds Altico's ERP and CRM offerings to Sikich's broad portfolio of technology solutions.

"There are significant synergies at play here," said Jim Drumm, partner-in-charge of Sikich's technology practice. "Altico has a strong record of success helping clients with Microsoft Dynamics solutions and boasts a growing NetSuite practice where it has successfully helped clients move away from on-premise solutions and toward cloud-based solutions. As we expand our firm across the country, Altico complements our existing competencies and robust service portfolio and adds a strong client base and valuable talent to our growing team."

Sikich, a member of the Microsoft Dynamics Inner Circle, offers ERP and CRM services, including NetSuite, Microsoft Dynamics AX, GP, NAV, SL and CRM implementation and support. The company was ranked No. 7 on Accounting Today's 2015 VAR 100 list. Additional technology services from Sikich include cloud services, IT managed services, security and compliance, disaster recovery, and business intelligence.

"The Altico team is excited to join Sikich," said Michael Kean, principal and president of Altico Advisors. "After 10 years of success, this is the logical next step for our clients and employees. Both organizations approach their respective markets in a similar manner and share the highest level of commitment to our clients' success and employee satisfaction. We are excited to lead the charge to expand the Sikich presence in New England and beyond."

Founded in 2005, Altico Advisors now has more than 30 employees and $8 million in annual revenue. As part of the transaction, Kean and James Hickey, vice president and director of operations, will become partners at Sikich and will help oversee the company's growth in the East region.