McGladrey acquisition strengthens presence in Florida
RSM McGladrey Inc. and McGladrey & Pullen LLP continue their growth strategy throughout the Florida market by announcing the completion of the acquisition of Orlando-based Tedder, James, Worden & Associates, P.A., the fifth largest accounting firm in Central Florida. The acquisition creates a broader pool of industry talent, expanded service offerings and a truly national presence for the combined businesses.
The resulting organization will bring the total number of Florida employees to more than 400, with the combined RSM McGladrey and McGladrey & Pullen businesses encompassing eight offices in Fort Lauderdale, Jacksonville, Melbourne, Miami, Naples, Titusville, West Palm Beach and now Orlando.
“This acquisition strengthens our Central Florida presence and helps accelerate our aggressive growth strategy to be the provider of choice to middle-market companies throughout region,” says Frank Compiani, Executive Managing Director - Florida. “We believe our shared values and dedication to client service create an excellent fit that will benefit our entire clientele.”
According to Tedder, James Worden & Associates Managing Partner Johnnie James, the companies are highly complementary. “Having worked together since 2000 as part of the same network affiliation, we are confident that becoming aligned with a well-respected national organization which has demonstrated an unwavering commitment to integrity, quality and client service will enhance our ability to continue to deliver world-class service to our clients and provide greater growth opportunities for our employees.”
The audit and attest assets of Tedder, James, Worden & Associates are being acquired by McGladrey & Pullen and the accounting, tax and business consulting assets will become part of RSM McGladrey under the terms of the acquisition.
About RSM McGladrey and McGladrey & Pullen: RSM McGladrey is a leading professional services firm providing accounting, tax and business consulting. RSM McGladrey operates in an alternative practice structure with McGladrey & Pullen LLP, a partner-owned CPA firm that delivers audit and attest services. Through separate and independent legal entities, they work together to serve clients’ business needs. Together, the companies rank as the fifth largest U.S. provider of accounting, tax and business consulting services (source: Accounting Today), with 8,000 professionals and associates in more than 120 offices. RSM McGladrey and McGladrey & Pullen are member firms of RSM International, an affiliation of independent accounting and consulting firms.