Calvetti Ferguson has recently been recognized by the Dallas Business Journal for expanding our Fort Worth presence with the acquisition of Mark M. Jones & Associates, RLLP and by the Houston Business Journal for growing our expatriate taxation services with the acquisition of Larkin Ervin & Shirley LLP effective January 1, 2021. Over the past few years, we have acquired several firms due to our growth strategy with no plans to slow down even throughout a pandemic.
“Anytime there is something that creates a downturn in the market or a struggle in the marketplace, like COVID-19, it’s an opportunity for companies that are healthy,” Jason Ferguson, Managing Partner said. “We actually viewed this early on as an opportunity for us to be able to do some acquisitions because we are well-positioned in the marketplace.” He added “Because of the consolidation that’s happened in the CPA firm world, there are a lot of regional firms that no longer exist. They’ve merged into national or international firms, so we are one of the only regional firms left in Texas. We’re big enough to handle pretty much anything a company can come across, but we’re not so big that clients don’t receive the partner attention.”
After a streak of deals over the past five years, we plan to extend our M&A strategy for another five years, Ferguson said. Looking forward to 2021, we aim to strengthen our existing footprints in Houston, Dallas, Fort Worth, and San Antonio. We will continue to explore expanding in our existing markets in the future but also consider expanding into the Austin market as it is the only major Texas city we have not entered yet, although we have no future plans for it.
Following the January 2021 acquisitions, we will have more than 140 employees across the Lone Star State. Based on our 46 total local accounting professionals, we ranked No. 24 on the Houston Business Journal’s 2020 Largest Accounting Firms List and No. 28 on the Dallas Business Journal’s 2020 Largest North Texas CPA Firms List.
About Calvetti Ferguson
Calvetti Ferguson is one of the largest independent accounting and advisory firms based in Texas. We have offices in Houston, Dallas, Fort Worth, and San Antonio. As trusted business advisors to privately held and public companies, private equity funds, family offices, and high-net-worth individuals, we provide assurance, tax, advisory, accounting and technology risk services. We advise beyond accounting to eliminate hurdles, identify opportunities, and ensure the best for our clients and their businesses.
Recognized by Forbes as one of America’s Top Recommended Tax and Accounting Firms, Calvetti Ferguson is also an INSIDE Public Accounting Top 200 and Fastest Growing Firm. Calvetti Ferguson is an independent member firm of PrimeGlobal, the fourth largest association of independent accounting firms with approximately 300 member firms in over 90 countries.