EisnerAmper Merges with HDA Accounting Group
In an exciting development, EisnerAmper, a global business advisory firm, announces the upcoming merger with HDA Accounting Group. This partnership is expected to finalize soon, bringing together two industry leaders to enhance client services and operational efficiency.
About HDA Accounting Group
Founded in 2011, HDA Accounting Group is dedicated to providing tailored services exclusively for dental practices. Based in the thriving Denver area, this firm has successfully cultivated a clientele of over 800 dental practice owners across the nation. Their team of more than 65 professionals focuses on delivering high-quality services, including tax compliance, monthly accounting, benchmarking, profitability analytics, and revenue advisement. HDA utilizes innovative, proprietary products that streamline processes, ensuring top-notch service for their clients.
Expanding Client Services
HDA Managing Partner Morgan K. Hamon expressed enthusiasm for the merger, highlighting the enhanced opportunities it creates for their clients. "This combination with EisnerAmper will allow us to enhance our clients' experience through additional expertise, technology, and service offerings," Hamon noted. She emphasized the value-added advisory services now available to dental practices, such as cybersecurity, real estate, business valuation, and wealth management.
The Strategic Advantage of the Merger
Dan Gardiner, Managing Partner of Outsourced Solutions at EisnerAmper, reinforced the strategic nature of this merger. "As the demand for specialized accounting services stems from an evolving market, the addition of HDA showcases a strategic move into a key niche practice area," Gardiner stated. The incorporation of HDA will bolster EisnerAmper's Health Care Group and broaden its service offerings.
Cultural and Client-Centric Fit
CEO of Koltin Consulting Group, Allan D. Koltin, who advised both firms during the transition, emphasized the importance of cultural alignment in this partnership. "The pairing of EisnerAmper and HDA focuses not only on service expansion but also on the client-focused resources that each firm contributes. This collaboration promises to foster significant growth opportunities for both organizations."
About EisnerAmper
EisnerAmper stands as a prominent player among global business consulting firms. Comprising EisnerAmper LLP, a licensed independent CPA firm, and Eisner Advisory Group LLC, which provides invaluable business advisory and non-attest services, they serve various sectors. With a workforce of approximately 4,500 employees and about 450 partners, EisnerAmper aims to leverage their extensive service offerings for the benefit of clients across all business sectors.
Frequently Asked Questions
What services does HDA Accounting Group provide?
HDA Accounting Group specializes in services tailored for dental practice owners, including tax compliance, accounting, benchmarking, and revenue advisement.
When is the merger between EisnerAmper and HDA Accounting Group expected to close?
The merger is anticipated to be completed in early 2025, enhancing service delivery for existing clients.
How will this merger benefit clients of both firms?
The merger allows for enhanced expertise, additional service offerings, and innovative solutions tailored specifically to meet the needs of dental practice owners.
Who expressed enthusiasm about the merger's potential?
Both Morgan K. Hamon, HDA Managing Partner, and Dan Gardiner, Managing Partner at EisnerAmper, shared positive insights about the merger, highlighting the strategic advantages and enhancements in service.
What does EisnerAmper aim to achieve with HDA's addition?
EisnerAmper aims to expand its portfolio of industry-specific services, particularly within the healthcare sector, through this strategic partnership with HDA.
