M&A Watch

CHINA

Marcum expands China practice

Details: Marcum LLP planned to merge its China practice with Bernstein & Pinchuk LLP, to create Marcum Bernstein and Pinchuk LLP, effective Jan. 1, 2011. The firm will have offices in Beijing, Guangzhou, Hangzhou and Hong Kong. Terms were not disclosed.

 

FLORIDA

HBK merges in local firm

Details: Boardman, Ohio-basedCPA firm Hill Barth & King has merged in Fort Myers, Fla.-based Gilbert, Wallace, Stewart, Stramel & Sowers PA. Terms were not disclosed. The GWSSS staff will be relocating to HBK's Fort Myers office.

 

ILLINOIS

Wipfli acquires Blascoe & Associates

Details: Wisconsin-based Wipfli LLP has made its fourth acquisition of the year, acquiring Blascoe & Associates of Rockford, Ill. All five Blascoe employees will join Wipfli's Rockford office.

 

MICHIGAN

Lewis & Knopf acquires Shayna

Details: Flint-based Lewis & Knopf CPAs has merged in Ann Arbor-based Shayna Accounting CPAs. The Ann Arbor office will be known as Shayna, Lewis & Knopf, a Division of Lewis & Knopf. Financial terms were not disclosed.

 

NEW JERSEY

WS+B merges in forensic firm

Details: WithumSmith+Brown merged in Paramus-based forensic accounting firm Morrison & Co. Terms were not disclosed. The union will add 14 professionals to WS+B. The Morrison staff will remain in their current Paramus location.

 

NEW YORK

Two mergers for Citrin Cooperman

Details: Citrin Cooperman has combined with Wlodinguer, Erk & Chanzis in New York, and Rose, Dratch & Gilbert in Springfield, N.J. WEC expands Citrin's entertainment, media and sports practice to seven partners and 30 staff; RDG will add two partners and eight staff to Citrin's New Jersey office.

 

OHIO

Dixon Hughes expands health care consulting practice

Details: Accounting firm Dixon Hughes has merged health care strategy consulting firm Charis Healthcare into its health care consulting practice, adding 17 professionals. Financial terms of the deal were not disclosed.

 

PHILADELPHIA

ParenteBeard merges with local firm

Details: ParenteBeard has merged in Huntingdon Valley-based Pressman Ciocca Smith. Terms of the merger were not disclosed. Going forward, the combined entity will operate under the ParenteBeard name. PCC brings three partners and 20 staff to ParenteBeard.

 

DALLAS / FORT WORTH

SB&F merges in Dallas firm

Details: Sanford Baumeister & Frazier has merged in the North Dallas practice of Hugly PC. Terms were not disclosed. Firm founder Donna Hugly has joined SB&F as a partner.

Lange acquires King CPA practice

Details: Fort Worth-based Lange & Associates PC has acquired the practice of M. Dan King CPA, also of Fort Worth. King and his employees will join Lange on a permanent basis, expanding its staff to 11. Financial terms were not disclosed.

 

UTAH

WTP acquires Utah firm

Details: White Plains, N.Y.-based WTP Advisors has acquired Ogden-based Interest and Penalty Advisors LLC, a tax consulting firm that was formerly the consulting arm of Decision Modeling Inc.

 

VIRGINIA

Cherry Bekaert merges in McLeod

Details: Cherry, Bekaert & Holland has expanded to Roanoke, Va., by combining with McLeod & Co., adding seven partners and more than 30 professionals serving the southwestern region of the state. McLeod's annual revenue is $8 million; the acquisition is expected to bring CB&H's annual revenue to about $115 million.

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