Accounting firm Weaver and Tidwell LLP has signed a merger deal with Dallas firm Brown & Nelson PC to add forensic accounting and litigation support expertise to the firm.
Financial terms weren't disclosed, and the firm will be absorbed under the Weaver and Tidwell name. It's the second acquisition of the year for Weaver, which merged in Dallas' Brehm & Co., a firm specializing in construction accounting, in June.
"We are excited about this development, because providing the highest-caliber forensic accounting services is a priority for our firm," said W.M. "Mack" Lawhon, Weaver and Tidwell's managing partner, in a statement. "[Brown & Nelson's] experience facilitates effective corporate governance for our clients by supplying accurate and timely information on situations involving fraud, misconduct and non-compliance with established company policies or core values."
Brown & Nelson will become a part of the firm's assurance services line, and will be known as forensic accounting services . Weaver and Tidwell partner Jon M. Bradley will head up the new division as director of forensic accounting services. Bill Brown will join Weaver and Tidwell as a partner, and Alan Nelson will join as a senior manager.
Originally based in Fort Worth, Texas, Weaver began its expansion nearly a dozen years ago with the opening of a Dallas office. The firm now employs 220 people and has revenues of more than $26 million.
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