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Advisory

Nebraska Accounting Firm Lutz Acquires McDermott & Miller

Selected offices of Nebraska based accounting firm McDermott & Miller will be joining forces with the accounting and business solutions firm Lutz. The transaction is expected to be effective May 1, 2017 and the combined firm will retain the Lutz name.

Feb. 03, 2017

Selected offices of Nebraska based accounting firm McDermott & Miller will be joining forces with the accounting and business solutions firm Lutz. The transaction is expected to be effective May 1, 2017 and the combined firm will retain the Lutz name.

McDermott & Miller offices located in Hastings, Grand Island and Omaha, along with their 8 shareholders and over 40 personnel, will join the Lutz team. The joint entity will bring the total number of Lutz employees to more than 250.

Allan D. Koltin. CEO of Koltin Consulting Group, who advised both firms commented, “Lutz is one of the “best of the best” firms not just in Nebraska but the entire country. They are a local Nebraska firm, with a national reputation for value added services to clients and an entrepreneurial culture. McDermott & Miller was approached by numerous national firms wanting to expand into Nebraska but they felt the Lutz culture was similar to theirs. The opportunity also provided great growth potential for their talented partners and associates.”

“We are excited to partner with the leading CPA firm in Central Nebraska. McDermott & Miller professionals will strengthen Lutz’s commitment to the agriculture industry as well as bring additional non-profit and tax resources,” said Mark Duren, Managing Shareholder of Lutz.

Lutz will provide McDermott & Miller clients a deeper breadth of service offerings including:

  • Financial Planning and Wealth Management
  • Talent services including Recruiting, Search and Staffing
  • Technology Consulting, Custom Software Development and Managed Network Services
  • Merger and Acquisition Advisory

Andrew Janzen, shareholder of McDermott & Miller’s Hastings office said, “On behalf of the McDermott & Miller shareholders, we are excited to join forces with Nebraska’s largest locally owned CPA firm. Lutz offers a full range of business solutions that will benefit our clients and they will also provide best practices to our offices including service delivery efficiencies and cutting edge consulting skills.”