Sitrick & Associates, LLC andCentennial Tax & Accountingare now merged and combining their teams and resources to expand tax, accounting, payroll and advisory services for clients throughout the Quad Cities.
The merger, announced by Centennial Tax, officially closed on Thursday, Oct. 29, with Sitrick adopting the Centennial name and brand.
Sitrick, has provided tax and accounting advice for more than 70 years. Founded by Sheldon S. Sitrick in 1954, the firm has served clients from its Quad Cities office since 1968.
Details of the financial transaction were not disclosed.
“Sitrick is a well-known and respected firm in our region, and its team brings expertise that will expand Centennial’s capabilities,” Doug Reiling, Centennial’s executive director, said in a news release Wednesday, Nov. 4. “We are excited to welcome Jim Blake and the entire Sitrick team and to work alongside them in serving our clients.”
Mr. Blake, who now serves as Centennial’s senior tax manager, and his team relocated this week from Davenport offices on Utica Ridge to the NorthPark Tower, where Centennial is headquartered. The addition of Sitrick adds five professionals to Centennial’s team.
“Centennial shares the values and client-focused approach that have guided Sitrick,” Mr. Blake said in the release. “By joining together, we gain the capacity and broader expertise to serve our clients even more effectively.”
Centennial’s growth path
The merger is the latest expansion for Centennial, which was founded in 2019 by bringing together various local practices which trace their collective history back to 1979. Centennial was created with Northwest Bank & Trust Company’s purchase of Blair, Westfall & Co. (in 2019) and expanded through a 2020 merger with Pyle Scott & Associates; including the predecessor firm, James K. Schnoor, CPA.
In early 2021, Dave Schebler and Randy Sovey, both CPAs and previously partners in Huckfeldt & Smith, brought their decades of experience to Centennial. The startup’s expansion continued with the late 2021merger of Oelerich, Reiling & Miller, P.C. and the addition ofHammar & Associatesin late 2022. Today, the Centennial team includes more than 30 professionals, whose combined experience totals more than 600 years.
After only four years in operation,Centennialearned the QCBJ’s top spot as theFastest Growing Companyin 2023. It has repeatedly been among the honorees.
The firm serves individuals, not-for-profits and small businesses in tax, accounting, payroll and advisory services throughout the Quad Cities. Its shared mission is to find the best solutions to address clients’ unique business and personal needs with a relationship-first approach.
