Squar Milner Acquires Loomis and Co.

Loomis & Co. LLP, based in the Silicon Valley and Squar Milner LLP, based in Orange County are combining. The combination with Squar Milner will be effective November 1, 2017.

Loomis & Co. has offices in Silicon Valley, and Squar Milner currently has offices in Los Angeles, Orange County, San Diego, Encino and the Cayman Islands with over 350 professionals and staff.

“Squar Milner continues on it’s incredible journey of growth as one of California’s seven largest independently based firms,” said Allan D. Koltin, CEO of Koltin Consulting Group, who advised both firms on the merger. “They are now expanding their footprint into northern California and I would expect there to be one or two other combinations with high performing firms in the next year or two.”

Squar Milner LLP is one of the nation’s largest accounting firms as well as one of the largest independent accounting and advisory firms in California and in the West with a quest to become one of the largest firms in the state.

Howard Loomis, Partner with Loomis & Co. said, “We are very proud of our people and the clients we serve. The Squar Milner combination will give our people expanded opportunities to grow and provide our clients innovative and specialized resources and services.”

According to Steve Milner, Managing Partner, Squar Milner LLP, “We have wanted to be in Northern California for some time. We have a robust client base in technology who are obviously active in the Silicon Valley. We are very excited about our combination with Loomis & Co. They have a sophisticated client base and deep roots in the community. We have great synergy.”