Mergers and Acquisitions
Latest News
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KPMG Acquires Rothstein Kass
Big 4 accounting and consulting firm KPMG LLP has acquired the hedge fund group Rothstein Kass, the companies have announced. Most partners and employees of Rothstein Kass will join KPMG.
Spokane Accounting Firm Merges with Eide Bailly
Spokane accounting firm McDirmid, Mikkelsen & Secrest PS will merge with North Dakota-based Eide Bailly, the company announced Thursday.
WeiserMazars Merges with Risk & Compliance Firm ICS
ICS’ Co-Founders, John White and John Palmer, have joined as Principals at WeiserMazars to lead the Banking Internal Audit practice and are accompanied nationally by their ICS professional team. The merger significantly expands WeiserMazars’ Governance, Risk & Compliance Services capabilities.
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Intuit Acquires Online Accounts Payable System Invitbox
Intuit announced late Wednesday that it has acquired Invitco. The Australia-based company is the developer of Invitbox, an online system for managing accounts payable. Intuit is the company behind QuickBooks, TurboTax, Quicken, Mint and many other small business and financial management systems.
BDO Acquires Fort Worth Accounting Firm
The national accounting and business services firm BDO USA is acquiring the Fort Worth, Texas-based firm of Hartman Leito & Bolt, the firms announced on Wednesday.
Intuit Acquires Lettuce App
Intuit has entered into an agreement to acquire Lettuce, a start-up focused on helping product-based small businesses succeed by providing easy to use cloud-based solutions, including a robust inventory and order management system.
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Firm Strengthens Services with Acquisition of SOC Audit Practice
The Florida-based, regional accounting firm Carr, Riggs and Ingram LLC (CRI) has acquired Tampa-based Auditwerx, a CPA firm specializing in performing auditor assurance engagements to meet regulatory or customer compliance needs for service companies. The branch will remain in Tampa.
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What Facebook’s Acquisition of WhatsApp Means for Firms
Every product line (or service, or industry) begins at introduction, when a handful of early adopters begin to use it. This stage requires a lot of investment with little profitability. If the product survives this stage – and most do not – sales and profits begin to pick up as the product grows in popularity and use. The product becomes self-sustaining as it enters maturity.