Central Florida CPA firm Averett Warmus Durkee, has joined WithumSmith+Brown, PC, effective Dec. 31, 2015.
AWD is a $15 million firm, while Withum has annual revenue of $115 million. Withum ranked 32nd on Accounting Today’s 2015 list of the Top 100 Firms.
All of AWD's 100 partners and staff will join the Withum team. Withum, based in Princeton, N.J., has 550 staff members across 12 offices. Withum's current office in Orlando, Fla., will relocate to the current AWD office at 1417 East Concord Street, forming the largest CPA firm in Orlando.
“We have been seeking the right strategic partner to enhance our presence in the Orlando area, and we found the perfect match with AWD in terms of expertise, geographic location and culture,” said Withum management partner and CEO Bill Hagaman in a statement. “Orlando and the Central Florida region are at the forefront of industries such as health care, financial services, real estate, timeshare, construction, technology and life sciences, aligning perfectly with Withum’s current niche practice areas."
AWD provides accounting, audit, tax and consulting services to privately owned businesses, professional service firms, private investment partnerships, construction contractors, timeshare developers and owners associations, employee benefit plans, nonprofit organizations, individuals and estates, and more.
“We are excited about joining forces with WithumSmith+Brown,” said AWD CEO Jim Warmus. “The firm’s depth and breadth of resources will be invaluable to us in both serving existing clients and industries and bringing our service capabilities to new segments of the marketplace. Both firms share a commitment to personalized client service, the highest level of integrity, and nurturing uniquely innovative cultures, creating a natural fit between the two organizations.”
Last month, Withum announced a merger with The Mironov Group, expanding the firm's presence in New Jersey and Pennsylvania (see
