Windes has added Allen, Haight & Monaghan, expanding its presence in Southern California.
Windes is based in Long Beach, while AH&M is headquartered in Irvine. AH&M has been in business for more than 32 years, offering audit, assurance, tax, accounting and consulting services to closely held and middle-market businesses and their owners, similar to what Windes does. Financial terms were not disclosed. Windes ranked 22nd on Accounting Today’s Regional Leaders list for the West in 2018, with $26.91 million in annual revenue.
“We have successfully grown our Orange County practice, and we now have an opportunity to further improve our competitive position, to offer new options for younger employees to develop and improve their careers, and to increase the breadth of technical resources by expanding our practice,” said Windes managing partner John Di Carlo, in a statement. “Our goal has been to combine with firms that have built quality practices – a solid client base, a great staff, a well-managed organization, high-quality work, and a culture based upon strong values. AH&M meets this goal.”
The combined firm will have more than 165 people with offices in Irvine, Long Beach and Los Angeles.
Before the merger, Windes had 17 partners while AH&M had four, bringing the new combined firm to a total of 21 partners. Prior to the merger, Windes had a total of 150 people while AH&M had 14.
“We are proud of the firm and the relationships that we have created, along with the service we have provided our clients over these past 32 years,” stated AH&M managing partner R. Lee Haight. “AH&M clients will continue to receive excellent client care from the same great team and, furthermore, will have access to enhanced resources along with a new array of services. Windes has a similar practice, but on a larger scale with additional expertise in cost segregation, employee benefit services, human resources consulting and merger/acquisition assistance.”
