TROY – The Troy-based accounting and advisory firm Rehmann announced that it had purchased Trivalent Group, a Grandville-based provider of IT services to more than 700 clients. Financial terms were not disclosed.
Besides its headquarters, Trivalent has offices in Battle Creek, East Lansing, Midland and Traverse City, offering in managed services, managed cloud, cyber security, managed networks and business continuity. Rehmann officials said Trivalent Group’s depth will expand its cyber security and technology consulting offerings.
“As the world becomes increasingly technology-driven, Rehmann is focused on staying ahead of our clients’ needs and helping them thrive long into the future,” said Randy Rupp, Rehmann CEO. “The addition of Trivalent Group will bring more core business solutions under one roof, allowing us to holistically serve our clients and help them reach their business goals. Combinations like this will ensure we continue to meet our clients growing business needs and anticipate future demands of businesses at any stage in their lifecycle.”
Rupp said advancing the client experience was a critical factor in the move to join with Trivalent Group. Trivalent Group has a service philosophy it has branded as “Relentless Service,” philosophy, which parallels Rehmann’s branded “The Rehmann Experience” service model.
“We are thrilled to partner with Rehmann, and in doing so, we are maintaining the core values essential to our success—a focus on community and exceptional client service,” said Larry Andrus, Trivalent Group CEO. “Together, we will bring insightful, complementary ideas to the table, helping clients meet future demands while keeping their greater business mission in mind.”
Trivalent Group will initially maintain its name while operating under the Rehmann umbrella, with a name change currently set for October. The firms will offer expanded capabilities immediately throughout the Midwest, with a full integration beginning in 2019. The companies said Andrus “will remain at the forefront of driving the strategic vision and future growth of this practice,” but did not specify what his title will be in the combined organization. Rupp will be CEO of both organizations.
Trivalent currently has about 80 employees. “We expect our combination to not only spur job growth but also create career growth and opportunity for our people,” Rupp said. “We have no intention or need to cut jobs.”
As for financial terms, Rupp said, “We expect to see a positive impact on our bottom line as a result of the combination with Trivalent, and we anticipate continued growth as an organization with these new services under our belt. However, at this time, we are not disclosing that information.”
Rehmann has more than 800 associates in 19 offices across Michigan, Ohio, and Florida, and is a member of Nexia International, a global network of independent accounting and consulting firms.