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“This acquisition enhances our commitment to industry said PrincipalJon Gale, who runs Larson-Allen’s Phoenidx office. LarsonAllen has major resources devoted totheses sectors, which comprise its second-largest businesd line, behind health care. Cronstrom Osucnh specializes in auditing services fornonprofit organizations, government entitiex and school systems. Since its launcjh 22 years ago, the firm has grown to represent more than 130 client sin Arizona. Principal Dennis Osuch said the firms were in discussions for more than a year aftedr LarsonAllencontacted them.
“We had never thought about being acquiredf or merging with anyother firm,” said Osuch, but “itt was good fit.” All 14 employee of Cronstrom Osuch will relocate to LarsonAllen’s Mesa The three principals will retain their positionx and titles. LarsonAllen has searched for industry-specific acquisitions sincer entering the Phoenix markett in 2005 with its purchase of Hopkins Parker.
A year later, it acquired Gale and McLaren LLP, a Mesa firm that cateref to real estateand construction; and the Scottsdale-base d O’Connor Group, which boosted its healtg care, banking, real estate and dealership In October 2008, the firm acquired Tempe-based Skinner Tameromn & Co., which focused on real estate, wholesalers and retailers. Those deal have built LarsonAllen from a smallo outfit to a midsize firm to compete inthis region’s fragmentede accounting market, led by the Big Four in publi c accounting: KPMG International, PricewaterhouseCoopers, Ernstt & Young LLP and Deloittre & Touche.
“We’re going to be very strategidcgoing forward,” Gale said. Financial details of the transaction, expectecd to finalize June 1, were not
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