New York City-based top 20 accounting firm EisnerAmper is merging in HDA Accounting Group, a Greenwood Village, CO-based firm that specializes in services exclusively to dental practices, in a deal expected to close in early 2025.
Founded in 2011, HDA has two partners and a staff of more than 65 professionals. Once the deal is finalized, HDA will become a part of the EisnerAmper Healthcare Services Group.
“As the outsourced accounting sector becomes ever more focused on industry-tailored solutions, HDA represents a strategic move in both a key practice area and niche,” Dan Gardiner, managing partner of outsourced solutions at EisnerAmper, said in a statement. “We warmly welcome HDA and look forward to the exciting growth opportunities with EisnerAmper’s Healthcare Group.”
HDA has 800-plus dental practice clients across all 50 states. The firm offers tax compliance and planning, monthly accounting, benchmarking, profitability analytics, and revenue advisement to dental practices. It uses proprietary products tailored to dental practices to streamline processes and provide highly responsive client service.
“This combination with EisnerAmper will allow us to enhance our clients’ experience through additional expertise, technology, and service offerings,” said Morgan Hamon, HDA managing partner. “We can now offer our dental practice clients value-added advisory services, such as cybersecurity, real estate, business valuation, wealth management, and much more. We’re really excited about this big leap forward.”
Allan Koltin, CEO of Koltin Consulting Group, who advised both firms on the deal, added, “One reason for EisnerAmper’s continued growth has been its ability to add new, in-demand practice niches. This strategic pairing of EisnerAmper and HDA is all about the cultural fit along with the client-focused resources that each brings to the table.”
Private equity-backed EisnerAmper is comprised of EisnerAmper LLP, a CPA firm that provides client attest services, and Eisner Advisory Group LLC, an alternative practice structure that provides business advisory and non-attest services in accordance with all applicable laws, regulations, standards, and codes of conduct. The firm’s combined entities include approximately 450 partners and 4,500 employees.
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