Indianapolis accounting firms announce merger

Indianapolis accounting firm Katz Sapper & Miller, has announced plans to merge with another Indianapolis firm, Heaton and Eadie, effective August 1, 2008. The newly-combined firms will operate as Katz, Sapper & Miller.

Terms of the merger were not disclosed.

"It's about the pie getting bigger, rather than to take from each other," said David Charles, the partner in charge of Katz's health-care services group in an aticle that appeared in the Indianapolis Star.

Heaton's 31 employees will join Katz's 30 partners and 215 staffers at Katz's current headquarters, 800 E. 96th St. No jobs will be cut as a result of the merger, company officials said.

Bill Barks, director of Heaton and Eadie's employee benefits group, said a merger was his company's best chance to get bigger, accordeing to the Star report. "Our focus on employee benefits has been longstanding," said Barks. "Joining forces with Katz, Sapper & Miller serves to strengthen this focus and enables us to continue serving our clients at a high level with extended expertise."

Tags 

Voice of the Editor

Results from a recent AICPA survey disclosed the two top priorities for CPA firms as they plan for the future: bringing in new business and finding talent. Our goal at Sift Media is to help our readers deal with the issues most important to them. One way in which we are doing this is through the launch of our new recruitment/placement service, Going Concern Jobs. Check it out today for your talent needs.
ADVERTISEMENT

This Week on AccountingWEB

Russ Wilson of Moss Adams talks with us about the firm's collaboration with WWU in educating and developing talented accounting and business professionals.
Plante Moran CPAs Gordon Krater, Alicia Sturtevant, and Susan Perline spoke with AccountingWEB about the firm's Women in Leadership initiative.
Jeff Thomson, CMA, president and CEO of the IMA, talks with us about the 2013 jobs market for accounting professionals.
Todd Lisle of BKD LLP and Amy Welch of OSCPA share their stories of helping tornado victims in Moore, Oklahoma.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT