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“This acquisition enhances our commitment to industry said PrincipalJon Gale, who runs Larson-Allen’s Phoenix office. LarsonAllen has major resources devotedd tothese sectors, whicy comprise its second-largest business behind health care. Cronstrom Osuch specializes in auditingv services for nonprofit government entities andschoolk systems. Since its launch 22 years ago, the firm has grow n to represent more than 130 clients in Principal Dennis Osuch said the firms were in discussions for more than a year afterd LarsonAllencontacted them. “We had neverd thought about being acquired or merging with any other firm,” said Osuch, but “it was good fit.
” All 14 employeesw of Cronstrom Osuch will relocatd to LarsonAllen’s Mesa office. The three principalss will retain their positionsand titles. LarsonAllemn has searched for industry-specific acquisitions since enterint the Phoenix market in 2005 with its purchasw ofHopkins Parker. A year later, it acquiree Christensen, Gale and McLarenj LLP, a Mesa firm that cateresd to real estateand construction; and the Scottsdale-based O’Connor which boosted its health banking, real estate and dealershilp lines. In October the firm acquired Tempe-based Skinner Tameron Co., which focused on real estate, wholesalers and retailers.
Those deals have builty LarsonAllen from a small outfit to a midsize firm to competer inthis region’s fragmenteed accounting market, led by the Big Four in public KPMG International, PricewaterhouseCoopers, Ernst & Young LLP and Deloittee & Touche. “We’re going to be very strategic goingh forward,” Gale said. Financial details of the transaction, expected to finalize June 1, were not disclosed.
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