Accounting firms Hill, Barth & King and North and Co., have merged, expanding HBKs presence and clientele in Florida.
The merger, which took effect on Oct. 1, combines Sarasota-based North with Boardman, Ohio-based HBK. The 60-year-old HBK has three other offices in Florida in Fort Myers, Naples and Stuart along with three offices in Ohio and four in Pennsylvania.
With the addition of North, HBK and its investment advisory unit HBK Sorce Financial will have 280 professional and support staff, including the nine joining from North. HBK ranked 68th on Accounting Todays 2009 list of the Top 100 Firms with $43 million in revenue. Financial terms of the merger were not disclosed.
William North Jr. sees advantages in combining his firm with HBKs tax, estate planning and financial planning services. HBKs resources will enable us to provide options and specialized services that our growing clients need, he said in a statement.
HBK, for its part, will be gaining North's large client base in the local construction industry.
Both HBK and North and Co. have similar philosophies of a culture based on strong values, continuing education for employee development and world-class services, said HBK managing principal and CEO Chris Allegretti.
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