Accounting firm Weaver and Tidwell reported that its net revenues for the 2008 fiscal year ending May 31 reached $51 million, a 28 percent increase over the previous fiscal year.

A major factor contributing to the growth was the firm’s merger with Houston-based Patterson, Newman & Associates, increasing Weaver and Tidwell’s energy practice. “Our second merger in the Houston market supported the firm’s expansion and led to the location doubling in size,” said managing partner W.M. Lawhon in a statement.

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