M&A Roundup: Jan. 31, 2013

ILLINOIS

Porte Brown LLC acquired the Crystal Lake, Ill.-based firm LHW & Associates. The deal closed on Jan. 1, 2014.

LHW offers specialized services for clients in industries such as mortgage banking, construction, manufacturing, real estate, medical, professional services and various consumer markets.

In addition to traditional accounting services, LHW has an established "Virtual CFO" practice in which the firm offers the full services of a chief financial officer on an as-needed basis giving companies all the benefits of a traditional in-house, full-time CFO in a more cost and time-efficient manner.

LHW's partner Frank Lebda as well as the other LHW staff joined the Porte Brown team. "Becoming part of the Porte Brown team was an easy decision for us. We have a similar approach to doing business and believe the most important aspect to our success is providing exceptional client service," Lebda said in a statement. LHW will operate under the Porte Brown name and will continue to service clients in their Crystal Lake office.

 

OHIO

Maloney + Novotny LLC expanded its Central Ohio presence with the addition of Wolf, Rogers, Dickey & Co.

WRD serves a vast array of clients throughout Delaware, Franklin and the surrounding counties, which range from closely held entrepreneurial businesses and their owners to numerous governmental entities. 

More than 20 WRD’s shareholders and staff, including Don Wolf, Bill Rogers, and Mike Dickey will join Maloney + Novotny. Dickey will serve as the shareholder in charge of Maloney + Novotny’s Delaware office which will remain at its current address.

“We have been very impressed with the expertise and client service orientation of the Maloney + Novotny shareholders and staff. Joining M+N will allow us to keep all our staff in place, facilitate a commitment reduction for Don Wolf and permit him to continue to do what he really enjoys,” Dickey said in a statement.

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