Expanding its footprint for the first time into South Carolina, Enterprise, Ala.-based IPA 100 firm Carr Riggs & Ingram LLC (CRI) (FY21 net revenue of $382.3 million) has acquired The Lanning Group LLC of Mount Pleasant, S.C.
“Expanding into South Carolina has long been a priority market for CRI, and this merger allows us to expand our service aptitude and add further industry-leading expertise to our team of advisors,” says CRI chairman and MP William Carr. “The Lanning Group’s focus on prioritizing client relationships and striving for excellence across the entire lifecycle of those relationships undoubtedly makes them an asset in the Charleston area. The addition of this bright team to our firm will help further strengthen our client service model while introducing the CRI name to a new market and new state.”
Founded in 2019, The Lanning Group is a boutique tax practice that focuses on high-wealth individuals, estate and trust planning, and small businesses.
“CRI and The Lanning Group found great alignment the first time they met and never looked back,” adds Allan Koltin, CEO of Koltin Consulting Group, who advised both firms on the merger. “The Lanning Group is one of Charleston’s preeminent tax specialty practices, and combining with CRI will provide their clients with access to greater depth, expertise and resources. CRI brings to the greater Charleston market the fastest-growing first-generation firm in the country.”
