Redpath Insights

HLB Celebrates Winning “Network of the Year”

by Redpath and Company

St. Paul, MN, October 2, 2020 – Redpath and Company, Ltd. announced that its global network of affiliated accounting and advisory firms, HLB International, has been named “Network of the Year” at the 2020 Digital Accountancy Awards. The award was presented at the virtual ceremony which took place on September 30. Team HLB were also celebrating with Dr. Frances Ellington of HLB USA who was awarded Young Accountant of the Year.

Widely regarded as the industry’s premiere awards program, the Digital Accountancy Awards celebrate excellence in the accounting profession.

For HLB, the Network of the Year award is in recognition of a milestone year. To be considered for this award, nominees had to demonstrate the execution of profitable growth strategies, be recognized by the industry as a reputable brand, and have excelled in a number of key strategic and operational areas. In 2019, HLB saw the network celebrate its 50th anniversary, achieve a 7% increase in revenue, and take global combined turnover to $2.93B. In fact, HLB reached its 2020 performance objectives one year ahead of schedule, which led them to develop and launch a new holistic growth strategy, Shaping our Shared Future.

Commenting on the win, Corney Versteden, HLB Global Chairman, said,  “I am immensely proud that HLB has been recognized as “Network of the Year. 2019 was a monumental year for us and we looked forward to building on the fantastic achievements we have made. But we all know that 2020 has been an unprecedented year for everyone. I’ve been humbled to see how our network has come together to support not only each other, but our clients during these extraordinary times. This award is truly a reflection of all the hard work and dedication of our people from all over the world and it shows the strength of our tagline ‘Together We Make it Happen.’

Business Valuation

Redpath and Company

Redpath and Company

Redpath helps clients make more informed decisions that contribute to their financial well-being by providing proactive, innovative, and value-driven certified public accounting services for closely-held businesses, government entities, and not-for-profit organizations. Areas of service expertise include audit and attest; personal, business, and international tax; accounting services; entity structuring; mergers and acquisitions; valuations; succession and estate planning; state and local tax; and sales and use tax. The firm was founded in 1971 and is 100% employee owned (ESOP). With offices located in downtown St. Paul and White Bear Lake, Minnesota, the firm ranks as one of the top CPA firms in the Twin Cities with over 180 employees. Redpath is a member of HLB International, a global network of independent advisory and accounting firms. For more information, visit