News Summary
Frazier & Deeter has acquired Anglin Reichmann Armstrong, enhancing its reach in the Southeast. This strategic acquisition allows FD to deepen its expertise in government contracting and construction, while offering improved services to closely-held businesses. With roots dating back to 1990, Anglin is one of Alabama’s top CPA firms, aligning perfectly with FD’s growth strategy. The merger will operate under the name ‘Anglin, a Frazier & Deeter company’, promising enriched client experiences and access to advanced resources.
Frazier & Deeter Expands Its Presence in the Southeast with Anglin Acquisition
Frazier & Deeter (FD), a leading accounting and business advisory firm, has announced the acquisition of Anglin Reichmann Armstrong, P.C. (Anglin), a prominent firm based in Huntsville, Alabama. This strategic move extends FD’s footprint across the Southeastern United States and enhances its capabilities in multiple industry sectors, particularly in government contracting and construction.
The acquisition links FD’s existing offices in Atlanta, Tampa, and Nashville, effectively broadening its reach into Alabama, Central Florida, and the Florida Panhandle. By incorporating Anglin into its operations, Frazier & Deeter aims to bolster its position in these regions and cater to the specific needs of closely-held businesses.
Founded in 1990, Anglin is one of the 20 largest CPA firms in Alabama, employing over 80 professionals. Its specialization in areas such as government contracting, client accounting & advisory services (CAAS), and HR consulting services aligns perfectly with FD’s long-term growth strategy and commitment to excellence.
Frazier & Deeter, established in 1981, has over 600 employees and generates approximately $163 million in annual revenue. By acquiring Anglin, the firm not only enhances its industry expertise but also scales its advisory platform to meet the growing demand in the government contracting sector.
As a vital component of FD’s expansion plans, the acquisition allows Anglin to tap into FD’s extensive operational infrastructure. This includes access to advanced technology, financial resources, marketing support, and talent development initiatives designed to foster growth and professional advancement.
Both Frazier & Deeter and Anglin have a history of collaboration through the CPAmerica network, which has laid the groundwork for this successful merger. The companies will operate collectively under the new branding of “Anglin, a Frazier & Deeter company,” allowing them to deliver enhanced services and value to their clients.
The financial details of the transaction have not been disclosed; however, it is clear that this acquisition is more than just a merger of businesses. It signals FD’s strategic intention to solidify its presence in key markets while amplifying its market influence.
Frazier & Deeter is not just focused on immediate growth; they are also committed to nurturing the next generation of industry leaders and professionals. This investment in talent is crucial for sustaining the company’s long-term vision and continuing the legacy of providing top-notch services to its clientele.
With this acquisition, Frazier & Deeter further positions itself as a formidable player in the accounting and advisory landscape, ready to take on new challenges while ensuring that their clients receive the highest level of expertise and support in the evolving market.
The merged entities are expected to provide enhanced client experiences, greater resources, and a wider array of service offerings, especially focusing on sectors where they can make the most impact, such as government contracting and construction.
This expansion marks a significant milestone in Frazier & Deeter’s journey, reinforcing its commitment to driving growth and excellence while maintaining a strong focus on excellence in client service.
As FD integrates Anglin into its corporate structure, it is poised to leverage combined strengths, ensuring both organizations thrive and continue to flourish in their respective areas of expertise.
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Additional Resources
- Rocket City Now
- Wikipedia: Accounting firm
- CPA Practice Advisor
- Google Search: Frazier Deeter
- Huntsville Business Journal
- Encyclopedia Britannica: Business Advisory
- Business Wire
- Google News: Frazier Deeter Anglin
Author: Construction FL News
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