Regional CPA firm Gallina LLP is expanding to Las Vegas by merging in Zanoni & Company LLP.
The merger will take effect on Jan. 1, 2011. The combined firm will retain the Gallina LLP name.
The deal will add a new territory to the West Coast practice of the Roseville, Calif.-based firm.
This is the second merger in the last three months for Gallina, which merged with Burnett+Company LLP in October in Rancho Cordova, Calif. (see Gallina Merges in Burnett). At the time of that merger, the combined firm was estimated to have $35 million in annual revenue, with $29 million from Gallina and $6 million from Burnett, according to managing partner Larry Taylor.
Financial terms of the deal with Zanoni were not disclosed. “Our merger will enhance our geographic footprint on the West Coast and act as a tool to better serve our clients,” Taylor said in a statement. He noted that the two firms share philosophies and specialties. Both firms have a strong emphasis in serving the construction and real estate industries.
Zanoni’s Las Vegas office will add 10 “team members” to bring the number of professional staff at Gallina to over 200 at the start of next year. The firm is ranked as the 19th largest firm in California by the California Society of CPAs.
Zanoni & Company managing partner John Zanoni was formerly a team member at Gallina LLP. He has a career in public accounting spanning over 24 years, “The merger offers great benefits to our clients by offering expanded resources, services, and expertise,” he said.
Gallina already has an office in Reno, Nev., but the merger with Zanoni will expand the firm in the Southern Nevada area. Most of Gallina’s other offices are in Northern California, although it also has an office in Seattle.
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