CliftonLarsonAllen LLP, the eighth-largest accounting firm in the United States, has acquired London tech firm Engine B.

Engine B specialises in delivering generative AI solutions for the professional services industry, providing deeper insights and opportunities for their clients.

The strategic move — CLA’s first global acquisition — will enable CLA professionals to focus more on client engagement, pursuing new business opportunities, and delivering value-added services. 

Harnessing the power of generative AI and Large Language Models, Engine B’s cutting-edge technology is designed to transform the way accounting professionals work, allowing for deeper business and financial insights for clients.

“CLA is investing in the future of our people, of our clients and our profession,” said Jen Leary, CEO of CLA. “With the addition of Engine B, CLA is becoming a force for positively disrupting the profession, creating a path for our professionals to spend more time directly with clients, leaning into our promise to know and help them. 

“Engine B’s generative AI-powered technology aligns closely with our vision of leveraging digital solutions to drive operational excellence and deliver greater value to our clients.”

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Engine B was founded in 2019 by Shamus Rae and Donne Burrows, two long-standing professional services executives, to revolutionise how firms access quality, standardised client data.

CLA will welcome the entire Engine B team, integrating its professionals and technology.

“This connection is the right step for Engine B and for CLA,” said Rae. “Our technology will seamlessly integrate into CLA’s existing systems and give us all a head-start in ingesting client information and extracting clear data sets to provide strategic client initiatives. 

“For both firms, this is a strategic step toward growing revenue while further investing in our professionals.”

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