Devon, Pa (March 4, 2003) -- Business advisory and accounting firm Smart and Associates has purchased Chicago-based Strategis, a nationwide state and local tax consulting firm specializing in real estate, personal property, and sales and use taxes.

Terms of the deal were not disclosed at press time.

The Strategis merger of 31 tax professionals with Smart and Associates’ offices results in the employment of more than 300 business advisory and accounting professionals across the U.S., including 53 in Strategis’ Schaumburg, Ill. and downtown Chicago offices. The combined firms will have offices in Atlanta, New York, and Philadelphia.

"For more than 73 years, Strategis has been known for its integrity and expertise," said James Smart, CPA managing partner of Smart and Associates. "We are excited to combine our two organizations of highly talented professionals who will provide clients with an excellent alternative firm in this marketplace."

--Electronic Accountant Newswire staff

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