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LLP and LLP will unite July 1 as part of a deal alreadg approved by partners atboth firms. The combinefd company, which will operate under the name LLP, will have abouyt 70 accountants and expected annuap revenue ofabout $12 The merger will make DZH Phillipsd one of the top 20 largest accounting firms in the Bay Both firms sell tax, auditing and consultinfg help to privately held companies and wealthyh people. The deal is part of an ongoing trend amongh regional accounting firms to merge to attractlargedr clients.
While huge accounting firms like PricewaterhousreCoopers LLP, Deloitte LLP and Ernst & Younf LLP have a lock on Fortune 500 players like the newly created DZH Phillipd are trying to grow thei r businesses among middle-market clients. Burr Pilger Mayert LLP, for example, merged with two smallefr accounting firmslast year, growing its cliengt base. Smith Lange and Daori Zydel were both considering a merger when they begabn discussingthe deal. With the competitivse landscape changing, “Size matters,” said Bob Daoro, managing partner of Daorp Zydel. “In some casesw we looked at largeproposals (for and we felt we could not do alone.
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