THAW
from page 4
least seven firms and offices, from Indiana,
Illinois and Missouri to New Mexico and
California, while Top 6 Firm Grant Thornton acquired groups in Dallas and Chicago
(though it also sold off some offices and
practices as part of an ambitious five-year
strategic plan). CBIZ / Mayer Hoffman McCann, meanwhile, acquired a Utah-based
employee benefits firm and a Baltimore-based consulting firm, along with a major
local accounting firm in Tampa Bay, Fla.
Southeast regional firm Cherry Bekaert &
Holland was also particularly busy, with
firm acquisitions in Atlanta and Florida,
Firm mergers
reshaped the
T100 list,
removing some
familiar names.
and two in Virginia, all of which should
boost its numbers next year, as they came
after the firm’s April 2010 year-end.
Firm mergers also reshaped the Top
100 by removing some familiar names:
List stalwarts Caturano & Co. of Boston,
LeMaster & Daniels of Spokane, Wash.,
and Stonefield Josephson of California
were all acquired in 2010, by RSM
McGladrey, LarsonAllen, and Marcum,
respectively. That opened up some posi-
tions at the bottom of the list, allowing
some former Top 100 Firms to reclaim
spots, and new ones to join. It also, along
with the overall decline in revenues, ac-
counted for the new, lower threshold for
joining the list: $30.7 million, against
$31.8 million last year.
BEYOND THE TOP 100: FIRMS TO WATCH
Mergers and a general decline in revenue have lowered the threshold for this year’s Top 100 to $30.7 million, from last year’s $31.8 million, allowing
some growing firms to join the list. As always, though, there are still many strong firms that are just below the threshold. Some of them have been on
the list before, and have just been temporarily overtaken; others are powering their way toward the list for the first time.
As with last year, we’ve suspended our practice of listing the Ones to Watch by their growth rates; so many strong firms have reported declines
that it hardly seems fair to hold the general economic climate against them — though it’s worth noting that there are some very strong performers in
this year’s OT W.
Firm
CCR
Macias Gini & O’Connell
Reinsel Kuntz Lesher
Rea & Associates
Yeo & Yeo
Kahn, Litwin, Renza & Co.
Perry-Smith
Baker Newman & Noyes
Padgett Stratemann & Co.
Mountjoy Chilton Medley
Wolf & Co.
Brown Smith Wallace
Clark Nuber
Feeley & Driscoll
Yount, Hyde & Barbour
Gursey | Schneider
Frost
Bennett Thrasher
Brown, Edwards & Co.
Windes & McClaughry
Headquarters
Westborough, Mass.
Sacramento, Calif.
Wyomissing, Pa.
New Philadelphia, Ohio
Saginaw, Mich.
Providence, R.I.
Sacramento, Calif.
Portland, Maine
San Antonio
Louisville, Ky.
Boston
St. Louis
Bellevue, Wash.
Boston
Winchester, Va.
Los Angeles
Little Rock, Ark.
Atlanta
Bluefield, W. Va.
Long Beach, Calif.
Managing partner
David Platt
Kevin O’Connell
J. Andrew Weidman
Lee Beall
John Kunitzer
Alan Litwin
Robert Perry-Smith
Charlie Hahn
John Wright
M. Mountjoy/D. Medley
Daniel DeVasto
Harvey Wallace
David Katri
Thomas Feeley
W. Mark Rudolph
Stephan Wasserman
Daniel Pellegrin
Michael Dukes
Domenic Pellillo
John Di Carlo
Year
end
Dec
Dec
Dec
Oct
Dec
Dec
June
Dec
July
Dec
Sept
Dec
Dec
March
June
Dec
April
June
May
June
Revenue
($ mn.)
$30.00
29.92
29. 27
29.06
28. 27
27.96
27.95
27.80
27.38
27. 24
26.94
26. 30
25.58
24.61
24.41
24. 23
23.91
23.46
23.38
23.34
%
chg.
- 11.76
13.33
9.46
- 4.09
0.89
7. 13
- 2.55
1. 31
- 3.05
4. 13
7. 12
-0.38
- 3.65
- 9.85
- 1.57
11. 30
3.60
9.88
7.00
- 8.00
Total
Offices Partners employees
5 29 200
6 12 208
4 30 225
11 30 216
8 22 172
3 10 162
2 15 152
4 27 181
2 15 162
4 33 214
3 14 168
4 22 186
1 14 142
1 14 115
6 21 149
2 8 126
3 9 134
1 20 145
7 23 182
2 15 132