UHY has acquired Larson Tax Partners, a tax advisory firm based in St. Louis, Missouri, US, for an undisclosed sum.

The transaction includes only Larson Tax Partners and excludes other Larson-related entities.

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Founded in 2021, Larson Tax Partners was part of Larson Financial Holdings.

Since its launch, the company has concentrated on providing tax planning, compliance and accounting advice to closely held companies and wealthy families.

The deal is expected to enhance UHY’s tax service line and deepen its presence in the US Midwest. The company said the acquisition fits with its focus on providing industry-informed advice to clients dealing with complex tax issues and longer-term growth planning.

UHY chairman and CEO Steven P. McCarty said: “By combining entrepreneurial professionals and growth-minded firms across the country we are enabling independent firms to achieve more together than they ever could on their own.

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“The addition of Larson Tax Partners will further enhance our tax capabilities nationally, and in return they gain deeper resources, enhanced technology and the ability to better serve their clients.

“That shared value is what continues to attract outstanding firms to UHY, while further enhancing the trust and confidence clients place in our firm.”

UHY has been in expansion mode across the US and now has more than 2,000 professionals working from over 40 offices nationwide.

The addition of Larson Tax Partners is part of its continuing investment strategy, targeting what it sees as high-growth business markets across the country.