M&A
M&A
-
The last several years have seen a “merger frenzy,” with small and midsize CPA firms (with annual revenues between $10 million and $24 million) getting acquired by larger CPA firms that have a strong brand and a track record of average to above average equity partner profitability.
January 22 -
Built Technologies, a provider of construction finance software, has acquired lienwaivers.io, a developer of lien waiver management and payment technology for commercial and residential construction.
January 21 -
Yount, Hyde and Barbour, a firm in Winchester, Virginia, is acquiring Woodcock & Associates, PC in Fredericksburg, Virginia, bolstering YHB’s construction industry expertise.
January 20 -
UHY Advisors and UHY LLP merged in Pattison, Koskey, Howe and Bucci, CPAs; MBAF expanded its tax and accounting practice by adding Kramer & Associates; and Fiondella, Milone & LaSaracina merged in Viola Chrabascz Reynolds and Formica & Dobkin.
January 16 -
The firm has continued its recent expansion streak in Southern California, snapping up its third firm in the Los Angeles area in recent months.
January 14 -
Windes merges in Smith, Linden & Basso; UHY Advisors acquires Stewart, Beauvais & Whipple; TYS merges with Lefkowitz; and McGuire Sponsel acquires Align Global Consulting.
January 8 -
The Avantax Wealth Management parent views HK Financial as another way of working with CPAs and tax professionals branching into the field.
January 7 -
PKF O’Connor Davies adds DHL&S; LBMC Technology Solutions merges with InterDyn Artis; Finkler joins HW&Co.; Gilliam Coble & Moser merges with Apple, Bell, Johnson & Co.; and Blucora plans acquisition of HK Financial Services.
January 7 -
BDO adds Biegel Waller; Brown Edwards expands in Virginia; Prager Metis combines with Shine & Company; Hoffman Eells merges with Abbott, Frenyea & Russell; and Mariner Wealth Advisors acquires the tax practices of David G. Miller & Associates and G.M. Bremer & Associates.
January 6 -
WithumSmith+Brown combined with KSJG CPA LLP; Wipfli LLP added Stratagem; and McHale, Caruso, Scullion & Knox joined CliftonLarsonAllen LLP.
January 2