Smith + Howard Expands Reach with Strategic Acquisition
Smith + Howard, a well-respected accounting and advisory firm, has recently announced an exciting new chapter in its growth strategy. The firm has successfully acquired Horton, Lee & Burnett, a distinguished accounting and consulting firm based in Birmingham, Alabama. This move signifies Smith + Howard's entrance into Alabama, greatly enhancing its presence in the Southeastern United States.
A Perfect Strategic Fit
"This acquisition aligns with our strategy to combine organic growth with targeted expansions that add depth to our expertise and geographic reach," stated Sean Taylor, the enthusiastic CEO of Smith + Howard. The strong alignment in values and service philosophies between Smith + Howard and Horton, Lee & Burnett will help deliver greater value to their clients.
The Legacy of Horton, Lee & Burnett
Founded in 1967, Horton, Lee & Burnett has established a remarkable reputation for its comprehensive accounting, auditing, tax, and advisory services. With a diverse portfolio that includes clients from various sectors such as healthcare, manufacturing, nonprofit organizations, and real estate, the firm has consistently demonstrated its dedication to excellence.
Strategic Benefits of the Acquisition
As Brian W. Burnett, a Partner at Horton, Lee & Burnett, emphasizes, "Joining forces with Smith + Howard is an exciting step for our clients and our team." This collaboration is set to unlock new opportunities for delivering a broader array of services while maintaining their commitment to quality and client satisfaction.
What This Means for Clients
With this union, clients of both firms can expect enhanced capabilities and a wider range of services. Combining forces presents a unique opportunity to leverage each firm’s strengths, providing clients with holistic, strategic solutions tailored to their unique needs. Whether they are seeking traditional accounting services or innovative tax planning strategies, clients will benefit from the expanded expertise of the combined team.
Continued Strong Momentum
This acquisition comes on the heels of Smith + Howard’s impressive growth trajectory, which includes recent launches of specialized tax practices such as Site Selection + Incentives (SSI) and State and Local Income Tax Consulting (SALT). The firm is committed to broadening its services across audit, tax, advisory, and specialized consulting areas, all while maintaining its reputation for client-centric service.
A Commitment to Quality
Neal England, a Managing Director at Founders Advisors and advisor to Horton, Lee & Burnett, highlighted the strong legacy of the firm, noting the resilience and long-term relationships which have been the cornerstone of its success. Chris Jenkins, another Vice President at Founders Advisors, expressed excitement about the collaborative potential: "It was a pleasure working with both organizations, and we look forward to the continued success of Smith + Howard." This spirit of collaboration is central to the future aspirations of both firms.
Next Steps
In the coming months, the Horton, Lee & Burnett team will begin transitioning to the Smith + Howard brand. This process will not only solidify the unified brand presence in the Southeastern region but also enhance service delivery to existing and new clients alike.
About Smith + Howard
Smith + Howard stands out as a nationally recognized accounting and advisory firm providing services to various industries, including construction, distribution, hospitality, manufacturing, nonprofit, real estate, technology, and logistics. With a wide range of offerings like audit, tax, international tax, and management consulting, the firm is dedicated to supporting its clients at every stage of their growth journeys.
Recognitions and Awards
Consistently acknowledged for excellence in performance and workplace culture, Smith + Howard has recently been ranked among the top CPA firms nationwide and has earned various workplace awards that underline its commitment to fostering a supportive employer-employee relationship.
Frequently Asked Questions
What is the significance of the acquisition of Horton, Lee & Burnett?
This acquisition allows Smith + Howard to expand its services in Alabama and enhances its overall footprint in the Southeastern U.S.
How will this acquisition benefit existing clients?
Clients will gain access to a broader range of services and enhanced capabilities as the two firms combine their strengths.
What specialties do Horton, Lee & Burnett bring to Smith + Howard?
Horton, Lee & Burnett is known for its expertise in accounting, auditing, tax, and advisory services that cater to a diverse client base.
What are some of the new services Smith + Howard is offering?
Recently, Smith + Howard has launched Site Selection + Incentives and State and Local Income Tax Consulting practices among its expanding offerings.
How does Smith + Howard maintain its service quality amid growth?
Smith + Howard focuses on a client-first approach and upholds a strong reputation for operational excellence throughout its service delivery.
