Midwest Business Advisors, a Sioux Falls-based boutique finance & management consulting firm, has joined forces with ELO CPAs & Advisors, a leading eastern South Dakota CPA firm with offices in Mitchell, Sioux Falls, Yankton, Huron, Chamberlain and Miller. As combined firm, under the name ELO CPAs & Advisors, they will become an even more focused, full-service provider of tax, accounting, audit/assurance, payroll services, accounting services, financial services and consulting services.

Eric Christensen, Principal/Owner of Midwest Business Advisors, will join ELO CPAs & Advisors as the Practice Leader for Consulting at the firm. Eric brings more than 20 years of financial and operational leadership with various companies and industries. Eric’s experience bridges all areas of business leadership and management including, but not limited to, operational leadership, sales development and expansion, marketing, project management, production operations, quality control, human resource, shipping/logistics, distribution/warehousing, strategic planning, ERP systems, restructuring/turnarounds and complete financial development and management. Eric has completed several buy-and- sell-side M&A transactions for various-sized businesses. Eric has worked within various ownership structures including individual owners, partnerships, venture capital groups, private equity, non-profits and as an owner himself. Eric has developed financing structures with traditional banks, state and federal funding systems, and investment banks, along with developing situationally crafted, seller-based financing programs.

Jay Tolsma, Managing Partner for ELO CPAs & Advisors stated, “Eric has been a personal and business client of ELO since the 1990s, and we have grown professionally together across several different projects and know each other very well. We believe Eric’s experience in multiple industries and across various business structures will provide us with the ability to support our current and future clients. Unlike most business consultants, Eric has significant experience and success on both the financial and operational sides of business, and couple that with his experience as a business owner, CEO, COO and CFO, he will help us provide unmatched business consulting support to nearly any business that engages our firm. He can be that trusted advisor and problem solver as he has sat in the same seats as our clients”

 

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