M&A

M&A

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  • M&A

    Anchin, Block & Anchin, a regional CPA and management consulting firm based here, has merged with area CPA practice Yohalem Gillman & Co.

    February 7
  • M&A

    Regional CPA and business advisory firms WithumSmith+Brown and Mendlowitz Weitsen have merged their practices, effective Jan. 1.

    February 7
  • M&A

    National firm Crowe Chizek has completed its previously announced merger with Chicago-based CPA firm PTW. Going forward, PTW and its 50 staffers will now operate under the Crowe brand. Crowe merged PTW under its Public Sector Services umbrella and, as a result, the union created the largest single practice group in Illinois offering government-related consulting, attestation and financial services.

    February 7
  • M&A

    Regional powerhouse Horne LLP, a 21-partner firm based here, has bolstered its staff and expanded its Tennessee presence with the merger of Jackson, Tenn.-based Crain & Co. into its fold.

    February 7
  • M&A

    Integrated human resources and benefits services provider RSM McGladrey Employer Services Inc. has acquired SourceWeb, an HR/payroll and self-service product from Minneapolis-based Ceridian Corp.

    February 7
  • Regional powerhouse J.H. Cohn has expanded its New York tax practice with the addition of tax consulting firm Becker & Co. LLC.

    February 7
  • Holtz Rubenstein Reminick LLP, based here, has expanded its litigation and valuation services group via a merger with Long Island-based Rand Consulting Group Inc., a boutique firm specializing in litigation support, forensic accounting and valuation services.

    February 4
  • American Express Co. said that it will spin-off its American Express Financial Advisors unit to shareholders to focus on its credit cards, charge cards and travel services businesses.

    February 2
  • M&A

    East coast-based Reznick Group PC has gained a foothold in the Midwest with the merger of Chicago-based Friduss, Lukee, Schiff & Co. into its fold.

    January 25
  • M&A

    Just as homeowners have felt the impact of factors such as fluctuating interest rates when hanging up a "For Sale" sign, CPA firms in a selling mode have seen a series of seismic shifts alter the buyer-seller market within the accounting profession.

    January 24
  • M&A

    Midwestern accounting and consulting powerhouse Virchow, Krause & Co. kicked off the New Year by flexing its acquisition muscle.

    January 24
  • M&A

    Top-ranked accounting and consulting firm Rothstein Kass, based here, which specializes in serving the alternative investments industry, said that it is selling its interests in RK Consulting, the firm's investment fund administration affiliate, to stave off independence issues.

    January 24
  • M&A

    Regional firm Kahn, Litwin, Renza & Co., based here, is expanding into Newport with the merger of Casten, Victor & Co. into its fold.

    January 24
  • M&A

    Operating under the theory that bigger is better, regional CPA firms Reinsel & Co. LLP and Kuntz Lesher LLP have joined forces to strengthen their presence in Southeastern Pennsylvania.

    January 24
  • Accounting firm consolidator Century Business Services Inc. has acquired the San Diego-based CPA and consulting firm Nation Smith Hermes Diamond.

    January 24
  • Top-ranked Southeast regional firm Cherry, Bekaert & Holland has expanded its presence in the Tampa Bay market with the addition of Rex Meighen & Co. to its accounting and consulting group.

    January 21
  • M&A

    South Johnson & Co., a two-partner tax and assurance practice in Boise, has merged with regional CPA and management consulting firm LeMaster & Daniels. Financial terms of the merger, which became effective Jan. 1, were not disclosed. The union will add some $2.4 million to the revenues of LeMaster & Daniels. South Johnson co-founder Tom South was elected into ownership of L&M, while the firm's other co-founder, David Johnson, will transition out of public accounting effective July 1, 2005. Until that time, he will become a principal with the Boise, Idaho, office of L&M. LeMaster and Daniels ranked No. 65 on Accounting Today's Top 100 Firms list with revenues of $25.4 million. The firm now has 27 owner/members, 200 employees and 12 offices throughout Washington and Idaho.

    January 20
  • M&A

    Global financial services and business management provider Fiducial acquired Lousiville, Ky.-based AUSA Inc., a regional bookkeeping and write-up services company that operates under the brand Accounting USA. Financial terms were not disclosed. Ken Berryman, the former president of AUSA Inc., has joined Fiducial as the Louisville area's district manager. Going forward, AUSA will operate under the Fiducial brand. The acquisition adds 100-plus small business clients to Fiducial's portfolio.

    January 20
  • M&A

    Anchin, Block & Anchin, a regional CPA and management consulting firm based here, has merged with area CPA practice Yohalem Gillman & Co.

    January 18
  • Fiducial, a provider of business outsourcing services to small businesses and entrepreneurs, has acquired the accounting offices of Prince William County, Va., CPA firm Frisch Ambrosiano & Kontos PC, adding nearly 1,300 tax, write-up and payroll clients and two locations to its operations.

    January 14