CLA takes the lead in the takeover of the B engine

CLA (CliftonLarsonAllen LLP), the eighth largest accounting firm in the US market, has acquired Engine B. This British technology company specializes in developing generative AI solutions for the professional services industry. It enables specialists to provide deep insight and capabilities to client enterprises.

This strategic step is CLA’s first global step Purchase of engine Band signifies CLA’s determination to use new technologies to improve customer service. This will enable CLA specialists to spend more time with clients, pursue new business opportunities and offer new services that add value to them. With mixed use generative artificial intelligence and large language models, Engine B has developed cutting-edge technology that will revolutionize generative AI revolution and the way accountants work, giving clients the deeper business and financial insight they need.

“CLA is investing in the future of our employees, our customers and our profession,” said Jen Leary, CLA CEO. “With the addition of Engine B, CLA is becoming a force for positive disruption in the profession, creating a path for our professionals to spend more time directly with clients, building on our promise to get to know and help them. Engine B’s generative AI-powered technology is closely aligned with our vision of leveraging digital solutions to drive operational excellence and deliver greater value to our customers.

Engine B is a business that was founded in 2019 by Shamus Rae and Donne Burrows, long-time professional services practitioners who noticed the need for this type of services. Engine B has gained prominence thanks to innovative mechanisms for collecting and standardizing customer data, and now has AI tools in the pipeline. In addition to Engine B, the agency started using products and solutions for data mining and creating additional value for its clients. CLA will be happy to bring together the entire Engine B clan with its staff and know-how. “This combination is the right step for Engine B and CLA,” said Shamus Rae, founding partner of Engine B. “Our technology will integrate seamlessly with CLA solutions of existing systems and give us all an advantage in capturing customer insights and extracting transparent data sets in to deliver strategic customer initiatives. For both companies, this is a strategic step towards increasing revenues while continuing to invest in our specialists.”

“At CLA, we are pioneers, ahead of industry trends and always striving to improve the services and solutions we provide to our clients,” said James Watson, CEO of CLA. “The automation capabilities that Engine B brings will allow us to redirect valuable time towards customer engagement while pursuing new business opportunities.”

The acquisition of Engine B, completed on May 1, accelerated a $500 million technology and artificial intelligence venture led by CLA. CLA predicts that by harnessing the power of Engine B, we should expect to see improvements to our existing operations with our current customer base and how we serve entirely new customer opportunities.