Philadelphia accounting firm Nihill & Riedley P.C. has been renamed as Smart Devine & Company LLC after it was acquired by Jim Smart and Rich Devine, formerly of Smart and Associates.
The firm is also being rebranded with a new visual identity and Web site, it said Tuesday.
Smart founded his original firm, Smart & Associates, in 1988 and built it into the 21st largest accounting firm in the country, with annual revenues of over $100 million, before he sold it in 2009 to the consulting firm LECG for $25 million in cash and $39.9 million in stock (see
Smart and Devine acquired Nihill & Reidley last year. Under the new name, it will operate as a full-service accounting, tax, business advisory, forensic accounting and litigation services firm. “By introducing a familiar name and refreshing our brand identity, we want to send a clear message to businesses that Smart is back offering a full suite of accounting, tax, advisory, forensic and litigation support services,” Smart said in a statement.
The firm is also moving its offices to Market Street to be in a more central location in the Philadelphia business community.
