Whitley Penn merges in Dossani, Turnage & Van Hoose
Whitley Penn has added Dossani, Turnage & Van Hoose, P.C. and its affiliate, Impact Financial Solutions, LLC, effective July 1.
The firms have joined Whitley Penn’s Dallas office, increasing its footprint in the Dallas–Fort Worth area to approximately 350 employees, with nearly 500 employees firm-wide. One partner is joining from Dossani, Turnage & Van Hoose.
Financial terms were not disclosed. Whitley Penn, based in Fort Worth, Texas, ranked 47th on Accounting Today’s 2018 list of the Top 100 Firms. The combined firm will have revenue of $105 million.
Dossani, Turnage & Van Hoose and Impact Financial Solutions specialize in management consulting, financial accounting, financial planning, and income tax compliance and consulting. They mainly cater to clients in the real estate, professional services, IT services, oil and gas, manufacturing and health care sectors.
“Joining Whitley Penn is a great opportunity to provide our current clients with an expanded line of services and resources both locally and in other regions,” said managing partner Irfan Dossani in a statement. “We are excited to join such a well-respected leader in our industry.”
Dossani’s firm also specializes in accounting software and systems implementation, which will become a new service offering for Whitley Penn.
“Irfan and his team are a valuable addition to our firm,” stated Whitley Penn managing partner Larry Autrey. “Their depth of experience in tax and accounting services, as well as their specialty in accounting software and systems implementation, will be beneficial to our clients. This addition is also an example of the firm’s continued focus on growth and commitment to hiring the best of the best.”
Whitley Penn has done several M&A deals in the past couple of years in Texas. Last year, Whitley Penn merged in OverMont Consulting, a firm that specializes in performing economic analyses for commercial legal disputes and litigation support services. In 2016, it added Hanner & Associates, a CPA firm in Bedford, Texas, and another Texas CPA firm, Wagner, Eubank & Nichols.