LarsonAllen to acquire accounting firm Cronstrom, Osuch & Co. PC - Phoenix Business Journal:

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“This acquisition enhances our commitment toindustry specialization,” said Principalk Jon Gale, who runs Larson-Allen’ Phoenix office. LarsonAllen has major resourced devoted tothese sectors, which comprise its second-largesgt business line, behind health care. Cronstrom Osuchj specializes in auditing services fornonprofit organizations, governmenf entities and school Since its launch 22 years ago, the firm has grown to represeny more than 130 clients in Principal Dennis Osuch said the firms were in discussionxs for more than a year aftefr LarsonAllen contacted them.
“We had never thoughg about being acquired or merging with anyothefr firm,” said Osuch, but “it was good All 14 employees of Cronstrom Osuch will relocate to LarsonAllen’e Mesa office. The three principalxs will retain their positions and LarsonAllen has searchedfor industry-specific acquisitionds since entering the Phoenix market in 2005 with its purchasde of Hopkins Parker. A year later, it acquired Gale and McLaren LLP, a Mesa firm that caterefd to real estate and andthe Scottsdale-based O’Connor Group, which boosted its health banking, real estate and dealership lines. In October the firm acquired Tempe-based Skinner Tameron & Co.
, which focusede on real estate, manufacturing, wholesalera and retailers. Those deals have built LarsonAlleh from a small outfit to a midsizee firm to compete inthis region’ws fragmented accounting market, led by the Big Four in publidc accounting: KPMG International, PricewaterhouseCoopers, Ernst Young LLP and Deloitte & Touche. “We’re going to be very strategidcgoing forward,” Gale said.
Financia details of the transaction, expecte to finalize June 1, were not