Dallas-based Springline Advisory, a business advisory platform backed by private equity firm Trinity Hunt Partners, announced its partnership with Dallas-based IPA 300 firm HM&M Advisory, LLC (HM&M) (FY23 net revenue of $21.9 million). Through this alternative practice structure, Springline Advisory will give HM&M greater access to the capabilities and geographic reach of larger firms without compromising the depth of relationships, care and service its clients know and love.
“This is a pivotal moment for HM&M,” said Susan Adams, MP at HM&M. “This strategic combination will allow us to leverage the strengths of a larger firm while maintaining the personalized service and deep client relationships that have always defined us. This partnership will empower us to provide even more comprehensive and innovative solutions to our clients and more depth of opportunity for our people.”
“This partnership is about increased opportunities for our people, amplifying our collective expertise for our clients, and redefining possibilities in the middle market,” said Tim Brackney, CEO of Springline Advisory. “HM&M’s four decades of professional excellence make them a perfect fit for the firm we’re building. Together, we will continue to deliver exceptional client value and maintain our people-first culture while building the middle market accounting and advisory firm of the future.”
“Springline Advisory is becoming a major force in the accounting and advisory services space. HM&M was a firm that many other larger firms wanted to combine with,” said Allan D. Koltin, CEO of Koltin Consulting Group, who advised HM&M and Springline Advisory on the deal. “They are fortunate to have great leadership and a stable of young “next-gen” stars both at the partner and manager/associate level. HM&M has some significant expansion goals for the future and found Springline to be the perfect strategic, cultural, and capital partner to help them achieve those goals.”
