Mergers and Acquisitions
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Moss Adams and Hein & Associates Merge
With offices in Denver, Dallas, Houston and Orange County, this combination will add roughly 300 new personnel to Moss Adams, including 35 partners, bringing the firm’s total headcount to nearly 2,900 in 26 locations.
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Intacct Acquired by Sage
The Sage Group plc (“Sage”), has announced that it has agreed to acquire Intacct Corporation (“Intacct”), a leading provider of cloud Financial Management Solutions in North America. The total consideration is $850m (£654m) to be paid in cash and ...
IT and Business Consulting Firm LBMC Acquires Atlanta-Based Pivotal Bridge
Intacct Premiere Partner, LBMC Technology Solutions, LLC has acquired Atlanta-based Pivotal Bridge, LLC’s Intacct practice effective immediately and will operate under the name LBMC Technology Solutions.
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Accounting Firm Carr, Riggs, Ingram Acquires Florida-Based Proctor Crook
Top 25 CPA and advisory firm Carr, Riggs & Ingram, LLC (CRI) has merged Martin, Palm Beach, and St. Lucie County, Florida-based firm Proctor, Crook, Crowder & Fogal. All office locations now operate under the CRI name, and the personnel join a team of ...
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Wipfli Acquries Chicago-Based Weltman Bernfield
The combined firm will have more than 1,700 associates, including over 200 partners, and 39 office locations in the United States and India, including four offices in the Chicagoland area.
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Book Offers Guidance on CPA Firm Mergers
Sellers, owned primarily by aging Baby Boomers, see merging up as their most likely exit strategy. Relatively few buyers or sellers have much merger experience, yet these deals will require some of the most important decisions in their professional ...
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Citrin Cooperman Acquires KAF Accounting Group
“Citrin Cooperman had been focused on coming into the Boston market for several years but ultimately passed on every firm they looked at," said Allan D. Koltin, CEO of Koltin Consulting Group, who advised both firms on the merger.
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Oracle Acquires NetSuite
Oracle has entered into a definitive agreement to acquire NetSuite, one of the first cloud companies. The transaction is valued at $109.00 per share in cash, or approximately $9.3 billion.