Whitley Penn is merging in a fellow Texas CPA firm, Wagner, Eubank & Nichols, effective Jan. 1, 2017.
Wagner, Eubank & Nichols specializes in servicing real estate, oil and gas, manufacturing and distribution businesses, along with family offices, hedge funds and employee benefit plans. The firm is based in Dallas, but also has an office in Austin. It was founded in 2001 after two predecessor firms dating back to the 1980s merged together.
Whitley Penn started in 1983. The Fort Worth-based firm also has offices in Dallas, Houston and Texas City. It ranked 54th on Accounting Today’s 2016 of the Top 100 Firms, with $72.44 million in annual revenue.
“The addition of the Wagner, Eubank & Nichols’ team will increase Whitley Penn’s firm size to more than 400 professionals, including 53 partners in Texas, and will also give us an established presence in the Austin market,” said Whitley Penn managing partner Larry Autrey in a statement.
Wagner, Eubank and Nichols managing partner John Wagner said his firm has worked closely with Whitley Penn’s partners for years and believes the combination will provide new opportunities for his firm’s clients.
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