Firm Management
Aldrich Acquires HMA CPA in Washington
The top 70 accounting firm is venturing into the Spokane and Coeur d’Alene area in the Inland Northwest after adding HMA CPA.
Nov. 06, 2024
Top 70 accounting firm Aldrich is venturing into the Spokane and Coeur d’Alene area in the Inland Northwest after acquiring HMA CPA, an accounting firm based in Spokane, WA.
Financial terms of the deal weren’t disclosed. HMA’s four partners and their employees will be joining the Lake Oswego, OR-based firm.
“We share with HMA a commitment to serving our people, our clients, and our communities and are honored to build on HMA’s 40-year legacy,” John Lauseng, CEO and partner at Aldrich, said in a statement. “We are excited to work together to help Spokane and Coeur d’Alene-area companies, owners, and employees meet their financial goals.”
HMA was founded in Spokane in 1983 and is known for its long-standing relationships in the area and its commitment to high-level client service. The firm has grown through the years by expanding its services and through acquisitions. In addition to CEO Kevin Sell, HMA’s other owners—Kristi Bushnell, Laura Hays, and Mike Whitmore—will be joining Aldrich, along with their colleagues.
“Joining Aldrich will allow our team to deliver even more value to our clients, as well as create growth opportunities for our professionals,” Sell said. “Aldrich shares our entrepreneurial spirit, and we look forward to providing more services to our Spokane area clients through Aldrich CPA + Advisors, Aldrich Wealth, and Aldrich Capital Advisors.”
Aldrich is composed of Aldrich CPAs + Advisors LLP; Aldrich Wealth LP, a registered investment advisory firm with more than $6 billion in assets under management; and Aldrich Capital Advisors LP, which provides advisory services for business transactions.
With this transaction, Aldrich now has eight offices in the western U.S. across Oregon, California, Colorado, Utah, and Washington.