Houston-based Regional Leader Calvetti Ferguson has acquired Dallas-based CPA firm Gummer Group LLC, effective Dec. 1.
A tax-focused CPA firm, Gummer Group serves high-net-worth clients in the Dallas-Fort Worth area, with a focus on family offices. It also has experience serving clients in real estate, and oil and gas.
Terms of the deal were not released, but the combined Dallas-Fort Worth offices are expected to have over 75 employees. Calvetti Ferguson ranked No. 10 in Accounting Today's Southwest Regional Leaders list, with $31 million in revenue and over 150 employees.
"With the addition of Gummer Group, our Dallas office will increase its headcount by 25%," said Jason Ferguson, managing partner at Calvetti Ferguson, in a statement. "This acquisition will double our family office practice, enhance our expertise, and add to Calvetti Ferguson's brand and market depth in the Dallas market."
"Calvetti Ferguson's culture revolves around adding value to their clients, a perspective that aligns seamlessly with our own," says Chris Gummer, managing partner of Gummer Group, in a statement. "I am confident that this acquisition will provide our clients with a high level of experience, intentionality, and overall satisfaction with the firm's tailored full-service offerings."
