Withum expands Midwest presence and strengthens franchise practice and services.
Withum is excited to announce that on May 1, 2025, CTM CPAs & Business Advisors, a public accounting, tax and business consulting firm, headquartered in Lincolnshire, IL, joined its practice with Withum. CTM’s four partners and approximately 50 team members will remain at their current Lincolnshire office located at 1 Overlook Point, Suite 190.
“We are very excited and eager to become part of the Withum team. Our client promise has always been to build long-term relationships through exceptional client service to help them reach their goals,” says Steven Edelheit, Managing Partner of CTM. “It is for these reasons, among many others, that joining forces with Withum will offer our valued clients and dedicated staff more opportunities to thrive and achieve success.”
Our clients will now benefit from a larger network of national and international resources, deeper technical expertise, and enhanced knowledge in specialized service areas," adds Edelheit. “Withum’s unyielding commitment to the highest level of integrity, a flexible and innovative culture, and keen approach to problem-solving are the foundation of their 50-year legacy that employs more than 2,500 team members nationwide. Our existing presence in the Chicago area will expand Withum’s current market share while maintaining the core values of our business as we continue to service our clients under the Withum brand.
Steven Edelheit, Managing Partner of CTM
Withum’s Managing Partner and CEO, Pat Walsh, CPA, is equally thrilled about this union, as it expands Withum’s footprint in the Midwest and industry specialties.
Uniting our firms allows us to expand our portfolio of franchise clients. CTM’s team will bring additional depth of service and expertise in this area. Their approach to client service, proven by a similar tenure in the profession, blends seamlessly with ours. Together, we share a people-first mentality with a vision of providing best-in-class solutions through a dynamic approach to problem-solving for our clients' growth and success.
Patrick Walsh, Withum's Managing Partner and Chief Executive Officer
In addition to the expansion of Withum’s franchise practice, industry strengths resulting from the CTM union include services to restaurants, professional services, real estate, construction, manufacturing and distribution, and not-for-profit and education entities, as well as a robust menu of accounting, tax and advisory services. View a full list of Withum’s industry expertise and services.
About CTM CPAs & Business Advisors
CTM CPAs & Business Advisors provides a full suite of accounting, tax and consulting services to generations of clients. After working with clients for more than 50 years, CTM has amassed an incredible amount of knowledge and experience with financial statement preparation, tax planning and tax preparation, business valuations, succession planning, bill pay solutions and much more! From this vantage point, the firm uses fresh ideas, proven approaches and innovative tax strategies to help clients establish an optimal financial path towards reaching their annual goals and beyond.