In September 1971, Bob Vrakas founded the accounting and advisory firm Vrakas, Blum & Co., S.C. after having identified that the larger accounting firms were under-serving middle market, closely-held businesses in the Milwaukee and Waukesha areas. Today, the firm continues to practice serving this niche market as Vrakas S.C.
To assist clients’ expanding accounting needs, Vrakas began forming specialized practice areas. In 1998, Vrakas began their Business Valuation practice. Today the business valuation team of, Vrakas Business Valuations, Inc., is comprised of 4 credentialed (or well on their way to being credentialed) professionals who are able to assist clients with various valuation needs such as divorce proceedings, estate and succession planning, buy/sell agreements, litigation support, sale/purchase of a business, and ESOP transactions, just to name a few.
Also in 1998, with the rapid rise of business technology needs, a computer consulting practice was launched, known as Vrakas/Blum Computer Consulting, Inc., to assist clients with their business management software technology needs. The computer consulting practice includes CPAs and consultants with industry and technology experience. Today, the computer consulting team is made up of 8 technology experts.
On December 1, 2017, Vrakas merged with the accounting firm of Radke & Schlesner, S.C. to expand its small business accounting services practice. Vrakas now boasts 11 professionals who are able to successfully assist our clients with QuickBooks accounting help and assistance, general ledger and financial statement preparation, bookkeeping, accounting system setup and support, payroll processing, cash flow budgeting and forecasting.
On November 1, 2018, Vrakas opened up a Kenosha branch to better serve our Racine/Kenosha/Northern Illinois client base and to further capitalize on the area’s growth. Vrakas Advisors LLC will provide services in assurance, tax and small business accounting and will continue to specialize in working with closely-held businesses and their owners in a variety of industries including, construction, manufacturing & distribution, dealerships, professional services, real estate and retail.
Since its founding, Vrakas has grown and flourished. Today the firm is made up of over 70 professionals in two locations Brookfield and Kenosha, Wisconsin. We serve clients throughout Wisconsin and northern Illinois. Vrakas is the 10th largest Milwaukee area accounting firm and the 2nd largest Milwaukee-area headquartered accounting firm, according to The Business Journal’s February 2020 rankings.