In the first merger in its 22-year history, Southeastern regional CPA and business advisory firm Lattimore Black Morgan & Cain is adding long-time Knoxville firm McWilliams & Co. under its brand.

The union, which becomes effective January 1, will add 50 employees and $5.5 million in revenue to LBMC, making it the largest firm in the Knoxville area.

Post-merger, the Knoxville unit of LBMC will employ more than 100 people and be headed by McWilliams’ chief manager Greg Gilbert.

LBMC managing partner David Morgan said that the firm was familiar with the culture and leadership of McWilliams and described the marriage as one of “compatibility.”

Founded in 1979, McWilliams has a strong industry presence in manufacturing and distribution, healthcare, not-for-profits and service industries.

LBMC ranked No. 59 on Accounting Today’s 2006 Top 100 Firms roster with revenues of $35.4 million.

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