M&A WATCH

PHOENIX

Price Kong and Bernard & Stallman join

Details: Phoenix-based accounting firm Price, Kong & Co. CPAs has merged with Bernard & Stallman PC. The merger took effect on August 1 after months of negotiation. Terms were not disclosed. (For more, see our Practice Profile, page 10.)

 

SOUTH FLORIDA

Weinberg acquires Mimi Stein

Details: Weinberg & Co., with offices in Boca Raton, Los Angeles and Hong Kong, has acquired West Palm Beach-based Mimi Stein PA, expanding its presence in the South Florida region. Stein and her staff will retain the existing West Palm Beach office. The combined firm will operate under the name Weinberg & Co.

 

CHICAGOLAND

Porte Brown acquires two firms

Details: CPA firm Porte Brown LLC has acquired two other firms in the past quarter: Fleming & Co. PC, a firm with three offices in McHenry, Elk Grove Village and downtown Chicago, and G. Ross & Associates Ltd. of Chicago. Financial terms were not disclosed. Porte Brown has 70 employees and more than doubled in size over the past five years in terms of personnel and billings, and is aggressively looking to acquire other firms.

 

KANSAS

Moss Adams merges in Warriner Gesinger

Details: Top 100 Firm Moss Adams LLP has combined with Warriner, Gesinger & Associates, expanding to the Midwest and augmenting its telecommunications practice. The merger adds an office in Overland Park, Kan., along with two partners, a director and approximately 20 employees. Terms were not disclosed.

 

Summers Spencer absorbs James F. Gillespie CPA

Details: Kansas accounting firm Summers Spencer & Co. has absorbed Overland Park-based accounting firm James F. Gillespie CPA. SS&C added Jim Gillespie as a partner, as well as his firm's three staff members. Gillespie's ERISA auditing experience was of particular interest to Summers Spencer.

 

KENTUCKY

CRI merges in Holland CPAs

Details: South Central Kentucky accounting firm Holland CPAs PSC has merged with Top 100 Firm Carr, Riggs & Ingram LLC, and its office locations in Bowling Green and Russellville will now operate under the CRI name. The move into Kentucky means CRI is now operating in eight Southern states. Holland CPAs' approximately 40 people, including four partners, are all expected to remain at the combined firm.

 

MONTREAL

MNP expands in Quebec

Details: Calgary, Alberta-based MNP, one of Canada's largest chartered accounting firms, has merged in Montreal-based William Epstein Chartered Accountants, effective October 1. Financial terms were not disclosed. The union bolsters MNP's presence in the Montreal market, which it first entered earlier this year.

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