RSM McGladrey has acquired Philadelphia accounting firm Simonson Lipschutz & Fogel for $6 million.

The deal became effective Nov. 1. Simonson has 35 staff members and was founded in 1990 by partners from a dissolved firm, Laventhol & Horwath. McGladrey's local managing partner, Mike Dubin, had worked at Laventhol in the past, according to the Philadelphia Business Journal.

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