Springline Advisory, a financial and business advisory firm backed by the private equity firm Trinity Hunt Partners, has partnered with Fiske Advisory LLC, a South Florida-based business accounting, tax, business valuation and advisory services firm.
Through the partnership, Fiske will get greater access to the resources of a larger firm. Springline Advisory will in turn expand its firm portfolio with Fiske's business advisory services such as forensic accounting, litigation support, business valuation and tax.
"Joining forces with Springline Advisory is a natural fit," said Sheri Fiske Schultz, managing partner of Fiske Advisory LLC, in a statement Tuesday. "Their commitment to delivering exceptional client service and their strong cultural alignment with our values of professionalism, integrity and personalized attention make this partnership a powerful opportunity. Together, we're excited to provide even greater value to our clients, increase professional development opportunities for our teams, and to build on our legacy of excellence."
Founded in 1972, Fiske offers litigation support accounting, business valuation, and other specialized services, Fiske is consistently ranked among the top 25 litigation support accounting firms, top local providers of business valuation services, and top women-owned businesses in the region.
"We're thrilled to welcome Fiske as a Springline founding firm. Their sterling reputation for providing exceptional advisory services, employee-centric culture, and entrepreneurial spirit complement our shared vision for growth," said Springline Advisory CEO Tim Brackney in a statement. "This combination underscores our dedication to forging strategic partnerships that strengthen the capabilities of traditional accounting firms, allowing us to offer a broader range of services that meet the business demands of today's dynamic middle market."
"My focus in advising Fiske was to find a partner that could really accelerate their growth as an advisory business while continuing to nourish and support their strong culture," said Gary Thomson, managing partner of Thomson Consulting and advisor on the deal. "Springline Advisory's strategic approach to growth is impressive. Partnering with Fiske, whose solid reputation in specialized areas like litigation support and business valuation is built on years of experience and deep industry knowledge, positions Springline as a high-impact player in the accounting and advisory space and elevates their competitive advantage as demand in the market continues to grow."
The announcement follows recent strategic transactions for Springline Advisory with Dallas-based
Trinity Hunt Partners, a Dallas-based PE firm,
