Industry News
Industry News
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Thomson Tax & Accounting, a unit of Thomson Corp., announced that it has acquired Scottsdale, Ariz.-based ePropertyTax Inc. -- a business that offers a range of property tax solutions by licensing its proprietary software to outsourcing compliance services.
November 20 -
McGladrey & Pullen LLP announced that it has acquired Chicago-based CPA firm Altschuler, Melvoin and Glasser LLP.AM&G previously had an alternative practice structure with American Express Tax and Business Services, which was acquired by RSM McGladrey in October 2005.
November 20 -
Beard Miller Co. LLP will sell its Financial Outsourcing Solutions practice to McKonly & Asbury LLP in a deal effective Jan. 1.
November 17 -
Accounting software group Sage has made another purchase -- acquiring U.K. merchant services firm Protx for $25.6 million.Established in 2001, Protx provides online payment services for small and medium businesses in the U.K., with a customer base of over 10,000 businesses.
November 14 -
CBiz and Mayer Hoffman McCann PC announced the expansion of its not-for-profit practice through the acquisition of CPA David Brown Jr.’s Minneapolis-area practice.Financial terms of the deal were not disclosed. Brown and several of his associates will be located in the downtown Minneapolis office of CBIZ and MHM.
November 13 -
Sacramento headquartered CPA and management consulting firm Macias Gini & O’Connell LLP announced that it has entered into an agreement to acquire cross-town accounting firm Essary, Dal Porto & Lowe LLP.Financial terms of the deal, bringing together one of the city's oldest firms with one of its largest firms, were not disclosed.
November 10 -
CPA and business advisory firm Abrams Little-Gill Loberfeld PC will merge with Newton, Mass.-based CPA firm Glantz, Saperstein, Leavitt & Farber, LLP.Financial terms of the deal were not disclosed.
November 9 -
RSM McGladrey has announced plans to join forces with U.K.-based RSM Robson Rhodes.
November 8 -
LarsonAllen announced that is has acquired the offices of Florida’s Chastang, Ferrell, Sims & Eiserman LLC, in a deal effective Nov. 1.
November 7 -
BKD LLP will combine with Houston’s Beacon Alliance LLP, in a merger effective Nov. 1.
November 7 -
Horne LLP, a Jackson Miss.-based CPA firm, announced its first growth outside the southeast, with the acquisition of the Tucson, Ariz.-based firm, Moran, Quick & Associates.
November 6 -
Top 10 firm BKD LLP has acquired the Overland Park, Kan.-based practice of Mock & Dakan PC.Financial terms of the deal, which became effective Nov. 1, were not disclosed.
November 3 -
Lancaster, Pa.-based Reinsel Kuntz Lesher LLP, announced that it will acquire Miller & Miller CPAs, a public accounting firm based in Lititz, Pa.
November 1 -
Garden City, N.Y.-based Janover Rubinroit LLC has reached an agreement to merge the Baldwin, N.Y.-based firm of Gilbert & Levy into its practice.
October 31 -
The partners of a pair of Charleston, S.C., accounting firms announced that on the heels of a merger, their business will be acquired by regional accounting firm Dixon Hughes PLLC.Financial terms of the deal were not disclosed.
October 23 -
The Rehmann Group announced plans to merge with Farmington Hills, Mich.-based Boyes, Wright, Pittman & Co. PLLC and Traverse City, Mich.-based Weber, Curtin & Pahssen LLC, in a deal effective Jan. 1, 2007.Financial terms of the deal were not disclosed.
October 23 -
Rea & Associates Inc., an accounting and business consulting firm with 10 offices in Ohio, will merge with Lake County, Ohio-based Lynch, Anselmo, Ott, Bryan + Co. in a deal effective Nov. 1.
October 22 -
In a second October acquisition, Clifton Gunderson LLP announced that it will acquire the Schaumburg, Ill.-based firm of Nykiel, Carlin & Co. Ltd.
October 18 -
Two Indianapolis accounting firms -- Zurface, Sanders & Rasor and LM Henderson & Company PC -- have merged.
October 18 -
The tax prep software industry is both expanding and contracting, as Wolters Kluwer and Thomson continue their acquisitions, while new entrants surface with online and application service provider offerings.Thomson's Creative Solutions purchased Dunphy Systems in May, with the intention of converting existing Dunphy customers to Creative Solutions. CCH, on the other hand, announced its acquisition of Rockville, Md.-based ATX/Kleinrock in August, but will keep it as a distinct product line. CCH followed this move with an announcement in September that it would acquire Rome, Ga.-based TaxWise. It likewise will keep TaxWise as a separate product line, according to CCH president and chief executive Kevin Robert.
October 15