Acquisition

Practice

ParenteBeard Adds 26 Employees in Recent Acquisition of Invotex

Philadelphia-based CPA and business consulting firm ParenteBeard LLC will open a new office in Baltimore after acquiring specialized consulting business Invotex. As part of the deal, twenty-six Invotex employees, including four partners, will join ParenteBeard, which now has nineteen offices in the United States.
Practice

CliftonLarsonAllen Acquires Mortgage Consulting Firm

Minneapolis-based national CPA and consulting firm CliftonLarsonAllen LLP has bought Bankers Advisory Inc., a Belmont, Massachusetts-based consulting firm focused on helping US mortgage companies with regulatory compliance and quality control.
A&A

Thomson Reuters Sells Outsourcing Businesses to EY

New York-based Thomson Reuters sold its US tax preparation and court accounting outsourcing businesses to Ernst & Young LLP, the two companies announced on December 17.
Practice

Baker Tilly Finalizes Acquisition of UK Firm RSM Tenon

Baker Tilly UK completed the acquisition of the trading operations of top-ten UK accounting and consulting services firm RSM Tenon on September 2, after Baker Tilly shareholders unanimously backed the plan.