Moss Adams LLP, an accounting, consulting, and wealth management firm, has signed a letter of intent to combine with accounting firm Hein & Associates LLP.
Following the completion of standard due diligence, the agreement is expected to be effective Nov. 1, 2017. With the combination, Moss Adams will expand its geographic footprint with new office locations in Denver and Houston, while also deepening resources in Dallas and Orange County. Hein also brings an oil and gas practice, a new sector that will round out the existing industry portfolio at Moss Adams.
Founded in 1977, Hein & Associates provides accounting and advisory services to clients across a number of industries, including energy, manufacturing and distribution, real estate, construction, and technology.
Revenue of the combined firm is expected to near $600 million.