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 Southeast Presence with Acquisition of Anglin Reichmann Armstrong
In a significant move to expand its operations in the Southeastern United States, Frazier & Deeter (FD), a leading accounting and business advisory firm, has acquired Anglin Reichmann Armstrong, P.C. (Anglin). This acquisition further strengthens FD’s presence in Alabama and Florida, adding to its existing offices in Atlanta, Tampa, and Nashville.
Located in Huntsville, Alabama, with additional offices in Pensacola and Winter Haven, Florida, Anglin ranks among the top twenty CPA firms in Alabama and employs over 80 professionals. This merger not only extends FD’s geographical footprint but also enhances its capabilities across various industry sectors, particularly in the fields of government contracting and construction.
The decision to acquire Anglin is a pivotal part of FD’s long-term growth strategy, aiming to bolster its support for closely held businesses. With this acquisition, FD reinforces its commitment to advancing the services it offers, particularly in high-demand areas like government contracting.
For years, Anglin and FD have maintained a collaborative relationship through the CPAmerica network. This previous partnership has laid the groundwork for a seamless integration as Anglin becomes fully embedded into FD’s operational infrastructure. The firm will benefit from resources such as technology, marketing, finance, and talent development offered by the established infrastructure of Frazier & Deeter.
Post-acquisition, Anglin will be branded as “Anglin, a Frazier & Deeter company”. This name change reflects the synergy between the two firms and their collective ambition to grow and influence the market significantly. The combined expertise of both firms positions them to accelerate growth opportunities in the region of Central Florida and the Florida Panhandle.
Frazier & Deeter, founded in 1981, boasts over 600 employees and generates approximately $163 million in annual revenue. With this acquisition, FD deepens its industry specializations and scales its advisory platform to cater to the growing demands of government contracting (GovCon). Anglin’s specialization in client accounting & advisory services (CAAS) and HR consulting services further complements FD’s service offerings, making this acquisition highly strategic.
While the financial details of the acquisition remain undisclosed, it is clear that this merger holds substantial promise for both firms. Seth McDaniel, who serves as Partner and CEO of Frazier & Deeter, has highlighted the strong reputation Anglin possesses for building client trust and maintaining high standards of technical excellence, which aligns perfectly with FD’s commitment to quality.
As a part of this new phase, Frazier & Deeter plans to invest in developing the next generation of leadership and professionals within the industry. This focus on nurturing talent will not only fortify their workforce but also ensure that clients continue to receive the highest quality of service.
In conclusion, the acquisition of Anglin by Frazier & Deeter is a strategic endeavor that enhances both firms’ capabilities and market reach. As they join forces, the combined expertise and resources will better serve clients across Alabama and Central Florida, making them a formidable player in the business advisory landscape.
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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
