South Johnson & Co., a two-partner tax and assurance practice in Boise, has merged with regional CPA and management consulting firm LeMaster & Daniels. Financial terms of the merger, which became effective Jan. 1, were not disclosed. The union will add some $2.4 million to the revenues of LeMaster & Daniels. South Johnson co-founder Tom South was elected into ownership of L&M, while the firm's other co-founder, David Johnson, will transition out of public accounting effective July 1, 2005. Until that time, he will become a principal with the Boise, Idaho, office of L&M. LeMaster and Daniels ranked No. 65 on Accounting Today's Top 100 Firms list with revenues of $25.4 million. The firm now has 27 owner/members, 200 employees and 12 offices throughout Washington and Idaho.
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