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DSB Rock Island Mergers in MFK CPAs

Published on Dec 19th, 2024

DSB Rock Island (Minneapolis) has merged in the talented team of Meuwissen, Flygare, Kadrlik and Associates, P.A. (“MFK”). The transaction became effective December 1, 2024.

After welcoming the MFK team, DSB Rock Island has 110 employees, 16 partners, and an estimated $31 million in revenue. This strategic transaction is part of long-term planning for both MFK and DSB Rock Island, according to firm leadership.

DSB Rock Island began discussions with MFK owners in early 2024. Both firms discovered a strong business and cultural fit, similar clients, and a similar approach to personalized client service. MFK partners also wanted to create a solid, long-term transition plan, according to DSB Rock Island President Sean Boland.

“We took time to figure out what was important to them, which includes career advancement for their team and a more robust service offering for clients,” Boland said. “So it’s a great match in terms of our business mission and structure and aligning their goals with DSB Rock Island’s growth plan.”

Scott Kadrlik, CPA/PFS and managing partner of MFK, agreed with that assessment.

“We initially worked with M&A consultant Art Kuesel to determine the right opportunity that would add long-term value to our business. Now, we are looking forward to integrating the expanded resources, technologies, and services such as estate planning, M&A and succession planning that DSB Rock Island will provide. The same team is still here to offer continuity of service to our clients, and now we have a plan for the future,” Kadrlik said.

DSB Rock Island President Sean Boland