Top 25 Firm WithumSmith+Brown acquired Pannel Kerr Forster of Texas on June 1, expanding its geographic reach into Texas and adding energy and oil-field expertise to its practice.
PKF Texas is an accounting, tax and business advisory firm headquartered in Houston. Its 20 partners and approximately 160 team members will join Withum's roster but remain at their Houston office.
"Joining forces with Withum offers our valued clients and dedicated staff even greater opportunities to thrive and succeed," Gary Voth, director and chairman of the board at PKF Texas, said in a
PKF Texas also strengthens Withum's financial services, manufacturing, professional services, technology, private client services, client accounting and advisory services.
"Uniting our firms enables us to grow a portfolio of energy and oil-field service businesses nationwide," Patrick Walsh, Withum's managing partner and CEO, said in a statement. "A piece of our M&A strategy aims to build around existing capabilities to create a more holistic client service approach. Diversity in expertise, experience and culture strengthens our ability to serve our clients and attract talent. Having a presence in the Space City offers us fantastic growth opportunities, and we're excited to be here."
Withum is based in Princeton, New Jersey, and reported $577 million in revenue in 2024. It has 25 offices, 226 partners and over 2,300 employees.
In April, Withum added
