Crowe Chizek and Co. LLC announced that it has completed the combination of practices with Fort Lauderdale, Fla.-based Madsen Sapp Mena Rodriguez & Co. CPAs & Advisors, which was first announced in mid-March.
Terms of the merger were not disclosed. MSMR will operate under the Crowe Chizek brand.
MSMR has a strong construction and manufacturing practice, which complements two of Crowe's industry specializations. MSMR was founded in 1926 and has concentrated on family-owned and midsized businesses, providing traditional accounting services, as well as business advice. The firm also provides resources to serve Latin American businesses, a key element in the execution of Crowe's growth strategy for the region.
Crowe first opened a location in the south Florida market in 1985. Its staff in the region will now number more than 100.
Florida locations for the combined practice include Crowe's existing locations in Fort Lauderdale, Lake Worth and Tampa, as well as MSMR's current office at Las Olas Boulevard in Fort Lauderdale.Crowe's parent company, the Crowe Group, ranked No. 11 on Accounting Today's 2006 list of Top 100 Firms, with revenues of $364 million.
