Wells Fargo Insurance Services of Minnesota Inc., a subsidiary of San Francisco-based Wells Fargo & Company, said it has acquired Virchow, Krause & Company, LLP's employee benefits operations in Minnesota.

Terms of the deal, which closed June 1, were not released.

Virchow, Krause is a major accounting and consulting firm with over 1,200 staff and regional offices in Minneapolis, Madison, Milwaukee, Chicago and Detroit.

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