Smith + Howard Acquires IPA 500 Firm

IPA 200 firm Smith + Howard of Atlanta (FY22 net revenue of $46.9 million) is merging in IPA 500 firm Market Street Partners PLLC of Chattanooga, Tenn. (MSP) (FY22 net revenue of $6.3 million).

“The addition of Market Street Partners to our family of companies is a perfect fit, as we share similar values, visions and the same dedication to providing high-quality, personalized service to our clients,” says Smith + Howard CEO Sean Taylor. “With our firms united, we are expanding our footprint in the Southeast region while enhancing the breadth and depth of services we provide.”

Founded in 2016, MSP provides a wide range of accounting and advisory solutions for businesses and individuals. As part of the deal, the MSP team will join Smith + Howard, with MSP co-founding partner Kyle Bryant serving as MP of the Chattanooga office under the Smith + Howard name.

“Joining forces with Smith + Howard is an exciting chapter for our team and clients,” says Bryant. “We look forward to bringing an enhanced array of resources and expertise to our clients, while maintaining the close relationships, personal touch and local presence that our clients value and deep engagement in our community.”

“[Smith + Howard] wanted their first deal to be a strong culture fit with a great firm in their geographic footprint, and that is exactly what happened here,” adds Allan Koltin, CEO of Koltin Consulting Group, who advised both firms on the combination. “Market Street Partners is one of Tennessee’s youngest and fastest-growing firms, and they will be a welcome addition to S+H.”

 

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