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Withum expands with PKF Texas merger
Withum expands with PKF Texas merger

Yahoo

time6 days ago

  • Business
  • Yahoo

Withum expands with PKF Texas merger

New Jersey-headquartered CPA firm Withum has expanded its practice with the addition of Pannell Kerr Forster of Texas (PKF Texas), a public accounting, tax, and business advisory firm based in Houston. This move will see PKF Texas' 20 partners and approximately 160 team members become part of Withum. The PKF Texas team will continue to operate from their existing office at 5847 San Felipe St., Suite 2600, in Houston. PKF Texas director and chairman of the Board Gary Voth said: "We are very excited to become part of the Withum team. Our promise has always been to build personal connections through forward-thinking expertise to help our clients reach their goals." "Our clients will now benefit from a larger platform of national and international resources, deeper technical expertise and specialised knowledge. Withum managing partner and CEO Pat Walsh added: "Uniting our firms enables us to grow a portfolio of energy and oilfield service businesses nationwide. A piece of our M&A strategy aims to build around existing capabilities to create a more holistic client service approach. Diversity in expertise, experience and culture strengthens our ability to serve our clients and attract talent. Having a presence in Space City opens up fantastic growth opportunities, and we're thrilled to be here." The merger enhances Withum's industry strengths by adding an 'established' energy and oilfield services practice. Other areas of expertise that will be bolstered through the merger include financial services, manufacturing, professional services, technology, and private client services, along with a suite of client accounting and advisory services. Withum, founded in 1974, operates on a local-to-global scale. It has 26 offices and generates an annual revenue of $578m. The latest move follows Withum's merger with CTM CPAs & Business Advisors, which saw the integration of four partners and approximately 50 team members. "Withum expands with PKF Texas merger" was originally created and published by International Accounting Bulletin, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.

CTM CPAs & Business Advisors merges practice with Withum
CTM CPAs & Business Advisors merges practice with Withum

Yahoo

time05-05-2025

  • Business
  • Yahoo

CTM CPAs & Business Advisors merges practice with Withum

CTM CPAs & Business Advisors (CTM), a US-based public accounting, tax and business consulting firm, has expanded its practice through a merger with WithumSmith+Brown (Withum). Headquartered in Lincolnshire, Illinois, CTM offers a its clients a comprehensive suite of accounting, tax and consulting services. With the development, its team, including four partners and approximately 50 team members, will join Withum. However, the team will continue to operate from their current location at 1 Overlook Point, Suite 190. CTM's expertise spans across financial statement preparation, tax planning and preparation, business valuations, succession planning, and bill pay solutions, among others. The firm also offers new tax strategies and approaches to aid the clients in achieving their financial objectives. CTM managing partner Steven Edelheit said: 'We are very eager to become part of the Withum team. Our client promise has always been to build lasting relationships through exceptional client service to help them reach their goals. 'Joining forces with Withum will offer our valued clients and dedicated staff more opportunities to thrive and achieve success under the Withum brand.' The union with CTM is set to expand Withum's franchise practice and bolster its industry strengths. The sectors that will benefit from this merger include restaurants, professional services, real estate, construction, manufacturing and distribution, and not-for-profit organisations. Withum managing partner and CEO Pat Walsh said: 'Uniting our firms grows our portfolio of franchise clients as CTM's team brings additional depth of service and expertise in this area. 'Their approach to client service, proven by a similar tenure in the profession, blends seamlessly with ours. Together, we share a people-first mentality with a vision of providing best-in-class solutions through a dynamic approach to problem-solving for our clients' growth and success." Headquartered in Princeton, New Jersey, Withum was established in 1974. It boasts 26 offices and generates an annual revenue of $578m. The firm offers advisory, tax, and audit services on a local-to-global scale and is an independent member of HLB International, a worldwide network of independent advisory and accounting firms. In November 2024, Withum launched a new AI-focused website, to offer businesses services around AI strategy, implementation, engineering, and AI adoption and governance. "CTM CPAs & Business Advisors merges practice with Withum" was originally created and published by International Accounting Bulletin, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.

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