Sikich buys Heinold Banwart in East Peoria

Local News

EAST PEORIA, Ill. (WMBD) — Sikich, a professional services firm specializing in accounting, advisory, technology, and managed services, is expanding its Central Illinois presence by purchasing the public accounting firm based in East Peoria.

47 employees of Heinold Banwart will join Sikich as a part of the merger with 43 professionals and four employees joining as partners. Sikich currently has two other offices in Central Illinois — one in Springfield and the other in Decatur. The company also operates an office in Naperville.

“We look forward to leveraging Sikich’s industry-leading technology capabilities and offering our clients access to an expanded suite of services,” said Arthur Anliker, CEO of Heinold Banwart.

“The Heinold Banwart team adds valuable talent to our group and strengthens our position as a leading service provider in this market,” said Tom Krehbiel, partner-in-charge of Sikich’s CPA services.

Heinold Banwart offers a variety of services including accounting, tax, audit and assurance, retirement planning, management consulting, and business valuation. It also offers wealth management services to businesses and organizations across industries, including manufacturing, construction, agribusiness, healthcare, real estate, non-profits, and local governments.

The merger deal is scheduled to close on Monday, Aug. 31. All employees will continue working at the Clock Tower in East Peoria.

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