Denver-based Anton Collins Mitchell acquired Doty, Lyle and Jones of Boulder, Colo. The firm has grown from three partners and 24 employees to 17 partners and directors and more than 100 employees since 2002. ACM opened an office in Greeley, Colo., in October 2010 through the acquisition of Watkins & Schommer Inc.
Chicago-based BDO USA (FY11 net revenue of $572 million) acquired New York-based Salibello & Broder. S&B has a staff of more than 50 in New York and eight staff members in Los Angeles, all of whom will relocate to BDO offices in both cities. Six S&B partners, Sal Salibello, Gary Broder, Tony Calabrese, Joseph Capparelli, Ross Rizzo and Dan Zeman will be become partners at BDO.
Enterprise, Ala.-based Carr, Riggs & Ingram (FY10 net revenue of $85.9 million) acquired Hoyman Dobson CPAs of Melborne, Fla. “Hoyman Dobson’s professionals are a technical and cultural fit with CRI, and this merger is mutually beneficial,” says William Carr, chairman and MP of CRI. CRI has offices in Alabama, Florida, Georgia, Kentucky, Louisiana, Mississippi, Tennessee and Texas.
Cleveland-based CBIZ (FY10 revenues of $590.6 million) acquired Gresham Smith of St. Louis on Nov. 4. GS partners David Gresham and Michelle Smith and 12 staff joined the CBIZ office inSt. Louis.
Fargo, N.D.-based Eide Bailly LLP (FY11 net revenue of $151.4 million) acquired the Boulder, Colo., firm of William D. Pyle & Associates. The acquisition of this tax practice adds nearly 350 clients to EB’s existing client base.
Kettering, Ohio-based Flagel, Huber, Flagel & Co. will acquire Dohner, Louis & Stephens Inc. Jan. 1 and operate under the Flagel name. The combined firm will have 60 employees, including 13 partners, says Randy Kuvin, Flagel’s MP.
New York-based Friedman LLP (FY10 revenues of $64.2 million) acquired Saccomanno Valuation Group. Michael Saccomanno joined Friedman as a partner in the firm’s forensic accounting, litigation support and valuation group, in the Marlton, N.J., office.
Chicago-based Grant Thornton (FY10 net revenue of $1.1 billion) acquired Westborough, Mass.-based CCR LLP (FY10 net revenue of $29 million) on Dec. 1. The acquisition expands GT’s presence in New England, doubling the size of the practice and expanding the firm’s current Boston office. “Acquiring the practices of a large, full-service firm like CCR better enables us to serve clients throughout New England, broadens and deepens our talent base, and strengthens our foundation for growth,” says Stephen Chipman, GT’s CEO. Larger firms acquiring smaller competitors have increased in Connecticut over the past few years. In October, New York-based J.H. Cohn announced that it was acquiring Kostin, Ruffkess & Co. in Farmington, Conn., and earlier this year, West Hartford, Conn.-based BlumShapiro acquired Needel, Welch & Stone ofRockland,Mass.
New York-based Marcum LLP (FY10 net revenue of $250.8 million) acquired the Boston firm of Robert, Finnegan & Lynah.
Houston-based McConnell & Jones acquired Adamson, Hood & Co., Houston. Rick Adamson and Dee Ann Creach joined M&J as partners in October.
Calgary, Alberta-based MNP will acquire Williams McGuire AML Inc., Canada’s largest dedicated anti-money laundering (AML) firm effective Jan. 1. The firm will join MNP’s Investigative & Forensic Services practice. where MP Matthew McGuire will become the national leader of MNP’s AML Services line. “We are very excited about Matthew and his team joining MNP. Although we had a strong AML practice already in place, we were looking to enhance this service offering and bolster our national presence and couldn’t have found a better fit,” says MNP CEO Daryl Ritchie. “This merger gives MNP unparalleled AML expertise, with experience in criminal money laundering investigations, financial regulatory bodies, and business processes and internal controls.”
Moss, Krusick & Assoc., (FY10 net revenue of $2.3 million) of Winter Park, Fla., acquired Dexter & Assoc. of Orlando, Fla. James Dexter will become partner at MK. “The merger furthers MK’s reputation as one of the up-and-coming, growing firms in the Orlando marketplace,” says MK’s MP Ed Moss. MK was recently recognized as one of the top five fastest-growing firms, under $3 million, by IPA.
Knoxville, Tenn.-based Pershing Yoakley & Assoc. acquired the Atlanta firm of GatesMoore. The combined firm will have more than 180 employees. The firm also has offices inAustin,Texas, andTampa.
Elk Grove Village, Ill.-based Porte Brown acquired Meador Stratton of Highland, Ind. This was the third acquisition for PB in 2011, and the first in Indiana. Meador partners, Ralph Meador and Louis Stratton, along with the firm’s employees joined PB in December. PB now employs more than 75 people.
Bethesda, Md.-based Reznick Group (FY11 net revenue of $202.5 million) acquired the technical consulting firm Think Energy, Inc. The new entity will be called Reznick Think Energy, LLC. Leveraging TE’s technical experience in clean energy, sustainability and energy efficiency, the new subsidiary will provide a range of services including investor due diligence, on-site renewable energy feasibility assessments, procurement management, technology assessment and permitting support. “The team at TE brings a tremendous skill set and history of success that is a perfect fit for RG’s proficiency in accounting, tax and business advisory services,” says Tim Kemper, Reznick’s renewable energy practice leader.
Pleasanton, Calif.-based Sensiba San Filippo (IPA estimate of $15 million) finalized the acquisition of W.H. Mayer Accountancy Corp., (one partner, 10 staff) ofPleasanton.
Princeton, N.J.-based WithumSmith+Brown (FY11 net revenue of $76.3 million) acquired New York-based EisnerLubin LLP, with about $11 million in net fees, nine partners and 55 professionals. Robert Simon, EisnerLubin’s former MP, will continue to be the PIC of the New York City office. “We have been seeking a New York City-based partnership for a long time to solidify our position in Manhattan in order to better serve – and expand – our metropolitan New York client base,” says WS+B MP William Hagaman Jr.