Accounting firm LarsonAllen is combining with the senior citizen services consultancy Third Age Consulting in the New Year.
Third Age, based in Philadelphia, specializes in planning, research, management, and marketing services for senior housing and senior care providers. Financial details of the agreement were not disclosed. The merger takes effect Jan. 1.
Third Age expands LarsonAllens ability to meet the needs of our senior living and aging services clients, said John Richter, principal-in-charge of LarsonAllen health care, in a statement.
LarsonAllen, based in Minneapolis, will provide additional resources for Third Age clients in the areas of finance, forecasting and reimbursement. Both firms have extensive experience in strategic planning and operational evaluation and analysis.
Third Age was founded in 1971 and has grown to a firm with five principals and more than 10 consultants who serve clients across the country. Together, LarsonAllen and Third Age will have more than 300 people serving health care clients nationally.
LarsonAllen ranked 19th on Accounting Todays 2009 list of the Top 100 Firms. The firm has 1,400 people and $225 million in annual revenue.
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