US-based accounting and advisory company Smith + Howard has acquired Bauknight Pietras & Stormer (BPS), a public accounting practice in South Carolina.
Financial terms of the agreement were not disclosed.
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The transaction expands Smith + Howard’s presence in the south-eastern US and is part of the company’s broader regional growth plans.
BPS offers tailored advisory services and guidance to clients across a range of industries.
BPS managing shareholder Jay Swearingen said: “Joining Smith + Howard marks an exciting next chapter for our firm and our clients.
“It aligns us with a firm that shares our commitment to trust, innovation and collaborative relationships, allowing us to continue delivering exceptional accounting and advisory services while supporting sustainable growth for everyone involved.”
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By GlobalDataBPS strengthens Smith + Howard’s position in sectors where both companies are active, including construction, real estate, and manufacturing and distribution.
It also broadens Smith + Howard’s exposure to BPS’ core sectors such as captive insurance and telecommunications and adds to advisory offerings including forensic accounting and litigation support.
Following completion, BPS will start transitioning to the Smith + Howard brand.
Smith + Howard CEO Sean Taylor said: “BPS brings specialised expertise, strong client relationships, and a team that shares our values and commitment to exceptional client service.
“Together, we are well-positioned to deliver even greater value to our clients while continuing to invest in our people and our platform.”
In February last year, Smith + Howard acquired Smith Kesler & Co, which offers accounting services to the construction sector.
