06/05/2008 - Participant News: Three Mississippi Accounting Firms Combine with BKD,LLP
SPRINGFIELD, MO. & JACKSON, MISS. – Three Jackson, Miss.-based accounting firms are combining with Springfield, Mo.-based BKD,, one of the 10 largest CPA and advisory firms in the United States. BKD Managing Partner Neal D. Spencer announced the firms’ combination is effective June 1, 2008.
Smith, Turner & Reeves, P.A. (ST&R); Johnson, Bruce & Host, PLLC (JB&H); and Shearer, Taylor & Co., P.A. (ST&C) jointly bring approximately $10 million in annual revenues and approximately 70 personnel, including 12 partners, to the transaction. The combination of firms creates the second largest CPA and advisory firm in Jackson and the third largest in Mississippi.
Spencer said the result will significantly enhance expertise to better serve client needs as well as expand BKD’s southern reach. “We have been looking at adding Mississippi to our footprint as we continue our strategy of wise growth, and the timing was right for this multiple combination,” Spencer said. “We have been diligent about finding the right fit for our firm; these three firms have the reputations, talent and quality we look for on behalf of serving our clients.”
BKD (www.bkd.com), with headquarters in Springfield, Mo., has net annual revenues of $318 million and approximately 1,900 personnel, including approximately 230 partners, in 27 offices within 11 states. The firm provides consulting, tax, assurance, accounting outsourcing, information technology, investment advisor and corporate finance services. Its services also include specialized consulting for the health care, financial institutions, manufacturing, distribution, construction, real estate, not-for-profit and government industries. BKD is the largest U.S. member of Praxity, AISBL, a global alliance of independent firms. PraxityTM enhances BKD’s ability to serve the dynamic needs of multinational clients.
For further information please contact Sandy Z. Poneleit at +1 417 831 7823, sponeleit@bkd.com or Elizabeth Klay at +1 417 831 7283, eklay@bkd.com.
