LECG Corp. has closed its merger with Smart Business Advisory & Consulting.

The two firms announced the merger last August in a deal valued at $25 million in cash and $39.9 million in stock (see LECG to Merge with Smart). LECG shareholders approved the deal with privately held Smart in January (see Stockholders Approve LECG-Smart Merger). The combined company will be named LECG, but will relocate to Smart’s headquarters in the Philadelphia suburbs of Devon, Pa.

“After months of planning, we are excited to realize our shared vision of creating one of the leading business advisory services companies in the industry,” said Steve Samek, former CEO of Smart, who will become CEO of the combined company. “Together, our broadened service portfolio will help our clients navigate through the dynamic industry changes and impending market recovery.”

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access