Top 25 accounting firm Cherry Bekaert has acquired New Orleans-based Legier & Company, a boutique forensic and litigation consulting firm that specializes in forensic accounting, business interruption services, expert witness testimony, and dispute advisory services.
Terms of the deal were not disclosed.
“Legier, one of the most experienced firms in Louisiana, will help solidify our forensic accounting and dispute resolution practice area,” Michelle Thompson, CEO of Cherry Bekaert Advisory, said in a press release. “We look forward to working with the Legier team. Their specialized expertise in forensic accounting across many industries adds to our growing capabilities.”
Founded in 1984, Legier provided management consulting and advisory services to clients across Louisiana and Texas, including expert witness, business interruption, and advisory services to law firms and large multinational, publicly traded corporations.
The deal with Cherry Bekaert will provide Legier’s clients access to an array of services previously unavailable to them, said the firm’s founder William Legier.
“Our leading forensic and dispute advisory offerings—combined with Cherry Bekaert’s broad portfolio of transaction advisory services—allows us to now provide end-to-end support to our clients. We help them by building and proving stronger cases and utilizing complex data to resolve business issues. It’s an exciting new chapter for us,” he said. “Our people—many of whom have been with us for more than 20 years—are excited to move forward with Cherry Bekaert. The acquisition will expose our team to new skills and clients and provide a strong foundation for additional development and growth.”
“Legier is recognized as one of the preeminent forensic boutiques in the country and was sought after by many suiters,” added Allan Koltin, CEO of Koltin Consulting Group, who advised both sides on the acquisition. “Ultimately, they chose Cherry Bekaert because they felt it was a great cultural and strategic fit for their people and their clients. The ability to scale the practice over a broader geography was another factor in their decision.”
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