Accountability Services merged with Boulder Valley CPAs; and Abip CPAs & Advisors added Matthews & Johnson CPAs and Brehm, Havel & Co.
M&A roundup: Deals from Colorado to Texas
November 21, 2023 3:59 PM
Abip CPAs & Advisors adds two firms
Abip CPAs & Advisors, a Houston-based firm, merged in Matthews & Johnson CPAs LLC, a tax, accounting and advisory firm based in New Braunfels, Texas, effective Nov. 1, 2023, and with Brehm, Havel & Co., a San Antonio-based CPA firm, effective Jan. 1, 2024.
The Matthews & Johnson deal will extend Abip's market into a new location, where it offers the resources of a larger firm with offices in San Antonio, Houston and The Woodlands, Texas. The combined firm will offer audits, reviews, cybersecurity, specialty tax services, transactional advisory and a wider array of consulting services.
"The goal is to provide a well-rounded, comprehensive client experience for the New Braunfels community," Abip managing partner Scott Irvine said in a statement. "We feel this merger will bring an enhanced and dynamic support infrastructure to the Matthews & Johnson clients."
"As the businesses and individuals in the community move through different stages of their lifecycle, their needs change," said Matthews & Johnson managing partner Kirby Johnson in a statement. "We feel that being part of Abip will bring the expertise our clients may need when the time comes for them to make either once-in-a-lifetime or a critical decision related to their business or personal financial situation".
Brehm, Havel & Co. offers tax and advisory guidance. "We are excited to have the additional resources Abip provides," said co-founder Gene Brehm in a statement. "Being part of the combined firm enables us to continue the level of service our clients expect and adds to our depth, with expertise in tax, accounting, and assurance, as well as the additional advisory services that Abip provides."
"The vast network and depth we are able to bring to our clients is critical, and we will always put our clients as the top priority," stated co-founder Gayle Havel.
Financial terms of both deals were not disclosed. The two transactions bring Abip's total headcount to approximately 175 people. They are focused in three core cities: Houston with approximately 75 people, San Antonio with about 92 people, and the New Braunfels office adds another eight.
The Matthews & Johnson deal will extend Abip's market into a new location, where it offers the resources of a larger firm with offices in San Antonio, Houston and The Woodlands, Texas. The combined firm will offer audits, reviews, cybersecurity, specialty tax services, transactional advisory and a wider array of consulting services.
"The goal is to provide a well-rounded, comprehensive client experience for the New Braunfels community," Abip managing partner Scott Irvine said in a statement. "We feel this merger will bring an enhanced and dynamic support infrastructure to the Matthews & Johnson clients."
"As the businesses and individuals in the community move through different stages of their lifecycle, their needs change," said Matthews & Johnson managing partner Kirby Johnson in a statement. "We feel that being part of Abip will bring the expertise our clients may need when the time comes for them to make either once-in-a-lifetime or a critical decision related to their business or personal financial situation".
Brehm, Havel & Co. offers tax and advisory guidance. "We are excited to have the additional resources Abip provides," said co-founder Gene Brehm in a statement. "Being part of the combined firm enables us to continue the level of service our clients expect and adds to our depth, with expertise in tax, accounting, and assurance, as well as the additional advisory services that Abip provides."
"The vast network and depth we are able to bring to our clients is critical, and we will always put our clients as the top priority," stated co-founder Gayle Havel.
Financial terms of both deals were not disclosed. The two transactions bring Abip's total headcount to approximately 175 people. They are focused in three core cities: Houston with approximately 75 people, San Antonio with about 92 people, and the New Braunfels office adds another eight.
Accountability Services merges with Boulder Valley CPAs
Financial terms of the deal were not disclosed. The combined firm, which will retain the Accountability Services name, will now have 31 team members, including three owners, and 11 staff members coming from Boulder Valley.
"This merger represents an exciting expansion of expertise and resources, reaffirming our commitment to building strategies beyond financial statements for our clients," said Lera Kooper, firm director and co-owner of Accountability Services, in a statement.
"We've invested significantly to transition our business model to become the proactive strategic advisors our clients need," said Boulder Valley CPAs managing partner Ernie Villany in a statement. "This merger is the next step in our evolution, bringing an even wider array of resources and services to our clients."
Both firms have been recognized by Thomson Reuters as leaders in their field, with Boulder Valley CPAs earning the title of Rookie of the Year and Accountability Services being named Firm of the Year in 2022.
"Our strong vision for the firm is rooted in our passion as business owners for the success of other business owners," stated Dave Fischer, managing director and co-owner of Accountability Services. "Together, we can expand our reach and value."
The two firms have posted a
