Crowe LLP integrates KMJ Corbin & Company to enhance Southern California presence
In a strategic expansion of its audit and tax services, Crowe LLP, a distinguished public accounting, consulting, and technology firm, has entered into an agreement to merge with KMJ Corbin & Company (KMJ), a notable provider of accounting, auditing, tax, and consulting services based in California. The transaction is poised to close by mid-May, signifying a significant enhancement of Crowe’s service capabilities in the Southern California market.
Wendy Cama, Crowe’s Audit & Assurance Managing Partner, emphasized the alignment of values and culture between the two firms as a cornerstone of the merger: “KMJ is a well-established firm with a great track record in delivering exceptional client service with experienced and knowledgeable staff,” said Cama. “At Crowe, we are highly motivated to grow, especially in key markets such as California, but our decision to welcome the KMJ team to the Crowe family was grounded in a sense of shared values and culture.”
Echoing the sentiment of mutual benefit and shared goals, Nicole Bencik, Crowe Tax Managing Partner, highlighted the advantages for clients and staff: “The KMJ team, like Crowe, are problem solvers first and foremost. While this transaction will certainly be impactful for both of our teams, our shared clients will also benefit from our collective expanded skillsets.”
The merger will significantly bolster Crowe’s capabilities within the audit and tax sectors, particularly through KMJ’s industry sector specialization, offering an unrivaled client experience in Southern California. Mike Faddoul, KMJ Managing Partner, expressed enthusiasm for the opportunities this integration presents: “Joining Crowe and its comprehensive, multi-disciplinary business provides an exciting opportunity to serve clients in new and different ways while also creating additional professional opportunities for KMJ employees,” said Faddoul. “We look forward to being a part of a recognized market-leading firm with an impeccable reputation built on quality, culture, and values.”
This merger between Crowe LLP and KMJ Corbin & Company is a strategic move that reflects a growing trend in the accounting and consulting sectors where firms are increasingly looking to expand their geographical footprint and service offerings through integration. The focus on shared values and culture in this merger underscores the importance of a seamless integration process that not only enhances service capabilities but also fosters a collaborative environment. This is likely to set a precedent for similar mergers in the industry, emphasizing the significance of aligned values in achieving successful integration and growth.