Detroit-area firms Croskey Lanni and Hirzel Jackson & Swaine are combining forces.
The merger will create a combined firm with more than 30 associates providing accounting, ta, and business advisory services to a local, regional and national client base.
The partners and staff of HJS will remain in their offices in Novi, Mich., but the combined firm will operate under the name of Croskey Lanni, which is based in Rochester, Mich.
HJS principals Ben Swaine and Dick Shovan will continue with the firm managing client services for the combined client base.
“Combining our firms with the talent of Ben Swaine, Dick Shovan and their team helps us to better serve our ever-expanding and growing practice,” said Croskey Lanni president David M. Croskey in a statement. “We are enthusiastic about continuing the high level of service and expertise they provide to their tremendous client base. These gentlemen are well known and respected in the Detroit metro area for excellent client service and a successful track record of practice growth and development. They are highly respected within the accounting profession, and we are proud to have them join our team. Additionally, they have team members and niches that provide synergy and enhanced opportunity for continued successful growth.”
Croskey Lanni has 27 team members. The firm had annual revenues in excess of $4 million before the merger and is projecting approximately $4.5 million post-merger, according to Croskey. The new Novi office that was formerly HJS's location has five team members, who are all joining the combined Croskey Lanni team.
Hirzel Jackson & Swaine, P.C. originated in 1983. Swaine joined the firm soon after its initial formation and Shovan joined as a shareholder in 2004. He is actively involved with the Michigan Association of CPAs. The firm now serves clients in a wide range of industries across 15 states.
“While I am proud of my long history as a shareholder in Hirzel Jackson & Swaine, P.C., I recognize that the next step for my team and clients is to merge with a firm of comparable quality that would enable us to expand services to our local and regional clients,” said Swaine. “Croskey Lanni shares our philosophy of helping our clients grow and succeed. The merger will broaden and deepen our existing industry specialization, enabling us to offer more comprehensive business advice tailored to our clients.”
Mergers and acquisitions consulting firm Transition Advisors assisted in the transaction. Financial details were not disclosed.
