Peterson Sullivan LLP has agreed to merge Clothier & Head PS into its practice. The merger is expected to go into effect on July 1, 2013.

According to Peterson Sullivan’s partner and executive committee member, Chris Russell, the firm had been in talks with Clothier & Head for a few years. “We are adding deep niche expertise in hospitality, professional services and construction, along with valuations and trust and estate service areas,” Russell said in a statement.  “Our expanded resources will allow us to continue to grow with our clients and attract specialized talent.”

“There were common values as well as a similar culture from Day 1 of the merger discussions,” Allan Koltin, CEO of Koltin Consulting Group, who advised both firms on the merger, said in a statement. “Both firms saw the synergy of combining their talents and skills and how they could deliver an even greater level of service to their clients. I think we’ll see many more of these types of mergers in the next couple of years.”

Chris Russell and Clothier & Head’s partner and shareholder Gerry Adams will lead the integration process.

The merger is expected to increase the firm’s staff to more than 150 employees and $25 million in revenue.

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