Sorren adds Healthworks

Sorren's headquarters in Boise, Idaho
Sorren's headquarters in Boise, Idaho.

National tax, accounting and advisory firm Sorren acquired Healthworks, a healthcare consulting firm specializing in healthcare disputes and arbitration hearings.

Sorren, which is backed by private equity firm DFW Capital Partners, was formed in May through the merging of 13 firms. It has over a thousand employees and 20 offices across the country. At the time of its formation, the combined firms had 85 partners and approximately $170 million in revenue, with plans to add more firms going forwards. Today's deal adds to Sorren's healthcare advisory and litigation support services. 

"Healthworks brings unmatched expertise and ligation experience in a critical industry," Sorren president Josh Tyree said in a statement. "Their knowledge strengthens our firm's capabilities in the healthcare sector, furthering our mission to provide high-quality service to diverse clients across the country."

"This partnership marks an exciting milestone," Healthworks principal and CEO Chris Fritz said in a statement. "Joining Sorren allows us to broaden our services with expanded access to litigation support resources, while continuing to provide the insight our clients have relied on for decades. It positions us to make an even greater impact on the healthcare organizations and law firms we serve."

For reprint and licensing requests for this article, click here.
Practice management M&A Private equity
MORE FROM ACCOUNTING TODAY