LP Emerges as Go-To Firm for Accounting and Professional Services Firm Mergers

March 20, 2013

CHICAGO, March 20, 2013—Long-recognized for its counsel to accounting firms and other professional services organizations, Chicago-based law firm Levenfeld Pearlstein LLC positioned itself at the flashpoint of a sharp increase in CPA firm M&A activity during the last half of 2012.  In the fourth quarter of 2012 alone, the firm, led by Corporate & Securities partner Russell Shapiro, acted as legal counsel in three accounting firm mergers. 

These included Virginia-based Argy, Wiltse & Robinson's combination with BDO USA; Pender Newkirk & Co.'s combination with Warren Averett creating one of the Southeast’s premier accounting firms; and Chicago-based Silver, Lerner, Schwartz & Fertel's combination with Cleveland-based SS&G.

“Professional services firm mergers and acquisitions are often particularly complex, and our depth of experience in advising CPA firms, along with a sophisticated M&A practice, makes us an ideal fit for matters such as these,” Shapiro said.  “We are proud to have played a role in facilitating these successful mergers.

Levenfeld Pearlstein’s Corporate & Securities Group prides itself in providing practical, results-oriented advice, innovative solutions, unparalleled commitment and years of experience that ensure transactions are completed on its clients’ schedules and terms.

The group represents professional services firms, closely-held companies, private equity funds, hedge funds, family offices, high net worth individuals and sophisticated private investors in transactions at every level.  Levenfeld Pearlstein regularly assists its clients with mergers and acquisitions, leveraged buyouts, management buyouts, equity and debt financings, fund formations, recapitalizations, and restructurings.  The firm’s transaction experience crosses multiple industries and multiple jurisdictions.

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