South Carolina-based CPA and consulting firm Scott and Company has merged in tax firm Lowrance Cooper, expanding its presence in Columbia, S.C.
As part of the deal, Lowrance Cooper principal Sandy Cooper is becoming a member of Scott and Company. Lowrance Cooper personnel will be relocating from their current offices on Devine Street in Columbia to Scott and Company’s offices on Main Street. Scott and Company is an independent member of the BDO Seidman Alliance. Financial terms of the deal were not disclosed, but the combined firm will have annual revenue in the $3 million range, according to a firm spokesman. The combined firm will also have approximately 25 associates.
"All of us at Scott and Company are extremely pleased to welcome Sandy and the professionals of Lowrance Cooper and the outstanding clients they serve to our firm,” said Scott and Company managing member Don Mobley in a statement. “We know them through business and civic circles, and are excited to work together to continue providing clients with the exceptional service and technical expertise that a strong regional firm like Scott and Company can provide."
A native of Chapin, S.C., Cooper has more than 20 years of experience dealing with corporate and partnership taxation issues, with particularly deep expertise serving auto dealerships, law firms, insurance agencies and non-profit entities, as well as individual clients. She previously owned her own firm before joining Lowrance Cooper and Company in 2005. Cooper is an active member of both the South Carolina Association of CPAs and the American Institute of CPAs.
“Our desire has always been to provide exceptional tax and accounting services to clients,” she said. “As we explored this opportunity, we realized that our firms had extraordinarily similar goals and could benefit from working as a team. We have the highest degree of respect for one another due to our compatible business approaches. We look forward to contributing to the success of the combined firm, and are excited about how the expanded depth and talents of Scott and Company will benefit our clients.”
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