Carr, Riggs & Ingram LLC, a High 25 Agency primarily based in Enterprise, Alabama, expanded in Florida by including Alonso & Garcia P.A., a agency primarily based in Miami.
Alonso & Garcia was based in 1996 and gives audit and attestation, bookkeeping, payroll, tax compliance and consulting, and enterprise valuations to purchasers in industries together with hospitality and restaurant, actual property, skilled providers corporations, retail, transportation, building and manufacturing.
CRI now operates in additional than 30 markets throughout 10 states, together with the Alonso & Garcia places of work in Miami. Monetary phrases of the deal weren’t disclosed. CRI ranked No. 22 on Accounting Right now’s 2022 checklist of the High 100 Corporations, with $382.33 million in annual income. The agency has 360 companions and over 2,100 staff.
Courtesy of Carr, Riggs & Ingram
“Increasing additional into South Florida, notably in Miami, is and all the time has been a vital a part of our strategic plan,” mentioned CRI chairman and managing accomplice Invoice Carr in an announcement Thursday. “The Alonso & Garcia workplace in Miami and our many different Southern Florida areas assist leverage the energy of our mixed groups and sources to reinforce our shopper service supply and technical experience. We’re thrilled to place CRI into Miami’s dynamic and
rising market.”
Koltin Consulting Group CEO Allan D. Koltin suggested each corporations on the merger. “CRI continues to search out ‘greatest at school’ entrepreneurs and corporations with which to mix,” he mentioned in an announcement. “That’s the a part of their ‘secret sauce’ that propels them to be one of many fastest-growing first-generation corporations within the nation. They proceed to excel to find nice corporations to usher in but additionally do an distinctive job of integrating merged corporations as soon as they be part of CRI. Domingo Alonso and your entire Alonso & Garcia staff are distinctive, and their agency was a lot wanted by many bigger regional and nationwide corporations for merging. They had been drawn to CRI’s strategic and cultural match and the expansion alternatives the mix would deliver to their staff and purchasers.”
In January, CRI expanded in Florida by including Travani & Richter in Jupiter, and in Texas by including Pharr Bounds LLP in Austin. Final November, CRI expanded in Georgia by including Brooks, McGinnis & Co., a agency in Atlanta. In September, CRI expanded in North Carolina by including Sharrard, McGee & Co. The agency historically does an important many M&A offers, however that was its first post-pandemic deal since January 2020, when it added Crabtree, Rowe & Berger, a agency in Huntsville, Alabama.