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LLP and LLP will unite July 1 as part of a deal already approved by partners at both Thecombined company, which will operate under the name LLP, will have aboutr 70 accountants and expected annual revenue of abouft $12 million. The merger will make DZH Phillips one of the top 20 largest accounting firmsx in theBay Area. Both firms sell tax, auditinb and consulting help to privately held companies and wealthy The deal is part of an ongoing trened among regional accounting firms to merge to attracftlarger clients.
While huge accountingf firms like PricewaterhouseCoopers LLP, Deloitte LLP and Ernsf & Young LLP have a lock on Fortune 500 players like the newlhy created DZH Phillips are trying to grow their businesses among middle-market clients. Burr Pilger Mayer LLP, for merged with two smallet accounting firmslast year, growing its clienty base. Smith Lange and Daoro Zydel were both considering a merger when they began discussing the With the competitivelandscapee changing, “Size matters,” said Bob Daoro, managing partner of Daoro Zydel. “In some cases we looked at largsproposals (for work) and we felt we coule not do it” alone.
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