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“This acquisition enhances our commitment to industry said PrincipalJon Gale, who runs Larson-Allen’s Phoenidx office. LarsonAllen has major resources devoteed tothese sectors, which comprise its second-largesf business line, behind healtuh care. Cronstrom Osuch specializes in auditingg services fornonprofit organizations, government entitiex and school systems. Since its launch 22 years ago, the firm has grownj to represent more than 130 clients in Principal Dennis Osuch said the firms were in discussion s for more than a year afterf LarsonAllencontacted them.
“We had never thoughyt about being acquired or merginbg with anyother firm,” said but “it was good fit.” All 14 employeexs of Cronstrom Osuch will relocate to LarsonAllen’s Mesa office. The threes principals will retain their positionzsand titles. LarsonAllen has searched for industry-specificc acquisitions since entering the Phoenisx market in 2005 with its purchase ofHopkins Parker. A year it acquired Christensen, Gale and McLaremn LLP, a Mesa firm that catereed to real estateand construction; and the Scottsdale-basedc O’Connor Group, which boosted its health care, real estate and dealership lines.
In Octobefr 2008, the firm acquired Tempe-based Skinnerr Tameron & Co., which focused on real manufacturing, wholesalers and retailers. Those deales have built LarsonAllen from a small outfit to a midsize firm to competed inthis region’s fragmented accounting market, led by the Big Four in publicv accounting: KPMG International, PricewaterhouseCoopers, Ernst Young LLP and Deloitte & Touche. “We’red going to be very strategic going forward,” Gale said.
Financiap details of the transaction, expected to finalize June 1, were not
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