SAN RAMON, Calif. (October 21, 2016) – Armanino, the 24th largest accounting and business consulting firm in the nation with revenues of $195 million, today announced it has come to an agreement with Dallas-based Travis Wolff, a $23 million firm, to combine effective January 1, 2017. The combined firm will operate as Armanino. This transaction brings Armanino to Dallas, a top economic growth city in the United States.
“We are eager to join forces with the talented people of Travis Wolff. By entering Dallas, one of the leading economies in the country, we continue our expansion as the most innovative and entrepreneurial firm in the country,” said Andy Armanino, managing partner of Armanino. “Armanino’s consulting solutions and tax specialties seamlessly complement those of Travis Wolff’s Dallas team. Together we are poised to make a major positive impact for clients in Texas.”
Both firms offer core audit and tax services, while Travis Wolff complements and strengthens Armanino’s high net worth individual practice. Additionally, Armanino brings expanded service offerings in audit and tax, as well as a consulting practice and business management services (including family office). As a value-added reseller of technology consulting offerings, Armanino supports the growth of its clients with custom-tailored solutions including ERP, CRM, budget and forecasting, business reporting and analytics.
“This combination is the result of thoughtful consideration about our firm’s future growth,” said Perry Kaufman, managing partner of Travis Wolff. “Armanino is the perfect fit for us, both in client service approach and firm culture. “Our clients and staff will greatly benefit from the deep bench of expertise Armanino brings with its wide breadth of industry experience and new innovative solutions we can now offer our clients.” The combined firm will continue to operate in Dallas at 15950 Dallas Parkway, while also serving clients from its other existing offices. Clients will experience no disruption of services during the transition.
Armanino’s aggressive growth is anchored in its pursuit of expanded service lines, technology solutions and specialized expertise. The firm has been listed on Inside Public Accounting’s Best of the Best Managed Firms list for 14 out of the last 15 years and is regularly featured in best places to work lists.
This transaction with Travis Wolff is scheduled to close on January 1, 2017, subject to customary closing conditions.
October 21, 2016
Armanino (www.armanino.com) is one of the 25 largest independent accounting and business consulting firms in the nation. Armanino provides an integrated set of audit, tax, business management, consulting and technology solutions to companies in the U.S. and globally. The firm helps clients adapt and change in every stage of business, from startup through rapid growth to the sale of a company. Armanino emphasizes smart technology, leading a cloud revolution of financial, operational, sales and compliance tools that are transforming the way companies do business. The firm extends its global services to more than 100 countries through its membership in Moore North America Inc. (MNA), which is itself a regional member of Moore Global Network Limited (MGNL)., one of the world's major accounting and consulting membership organizations. In addition to its core consulting and accounting practices, Armanino operates its division, AMF Media Group (www.amfmediagroup.com), a media and communications services agency. Its affiliate, Intersect Capital (www.intersectcapitalllc.com) is an independent financial planning, wealth and lifestyle management firm.
Founded in 1991 by Ken Travis and Ed Wolff, Travis Wolff is a growing, independent accounting and advisory firm that offers a full range of assurance, tax and consulting services to emerging companies, established companies, and successful individuals and families. Additionally, Travis Wolff provides specialized services in the areas of business transaction advisory services and estate and wealth transfer planning, IT auditing, forensic accounting & fraud investigation, collaborative divorce consulting, compensation and benefits planning, and employee benefit plan audits.
