Effective Jan. 1, 2018, Newport Beach, Calif.-based Squar Milner (FY16 net revenue of $64.9 million) acquired San Francisco-based DZH Phillips (FY16 net revenue of $19.4 million), which is one of the largest majority-women owned firms.
DZH Phillips, with four offices in California, has more than 110 professionals adding to Squar Milner’s six offices and 350 professionals.
“We have worked for the last decade to establish ourselves as one of the preeminent firms based in California. We absolutely needed to have sizable operations in northern California. We have a robust client base in technology who are obviously active in the Bay Area. They have a sophisticated client base, fantastic people and great coverage of the Bay,” says Steve Milner, MP at Squar Milner.
“The Squar Milner combination will give our people expanded opportunities to grow and provide our clients innovative and specialized resources and services,” says Lawrence Wood, MP of DZH Phillips.