Top 50 Firm Whitley Penn acquired Toombs, Hall & Foster, based in Addison, Texas, effective Jan. 1.
Toombs, Hall & Foster specializes in real estate, construction, oil and gas, professional services, retail, wholesale, manufacturing and nonprofit organizations. With 28 staff members, the firm primarily serves clients based in Texas and the Southwest.
"This integration is rooted in a shared commitment to client service, industry experience and strategic growth," Whitley Penn CEO Nathen McEown said in a statement. "Together, we are expanding our capabilities and reinforcing our dedication to delivering personalized, high-impact advisory solutions. This partnership ensures a seamless experience for clients and strengthens our collective ability to serve a diverse and evolving marketplace."
Whitley Penn ranked No. 34 on Accounting Today's Top 100 Firms list, reporting $238 million in revenue. It is based in Fort Worth Texas with nine offices, 94 partners and roughly 850 employees. It provides tax, audit and advisory services to clients in the Southwest.
"Partnering with a respected firm like Whitley Penn marks an exciting step forward," Toombs, Hall & Foster partners Randy Foster and Joe Abbate said in a joint statement. "This collaboration not only enhances the services available for our clients but also allows us to support Whitley Penn's clientele with deep experience in public accounting and advisory solutions."
Last year, Whitley Penn added
