Nexia International has admitted
CliftonLarsonAllen (CLA), the newly merged US top 10 firm, to its
network.
The news follows last month’s merger of
Clifton Gunderson and Larson Allen and will come as a blow to HLB
International who, before the merger, counted Clifton Gunderson as
its largest member.
CLA will generate annual revenue of $550m and
is the most significant combination in the US market for some
years. CLA will employ 3,600 professionals, including more than 500
partners, across 25 states and Washington DC.
“The strength of Nexia’s US network is a vital
component in our ability to meet the needs of both major US
businesses internationally and of our member firms and their
clients around the world wanting to do business in North America,”
CLA managing partner and Nexia International’s regional chairman
for North and Central America Larry Chastang said.
“LarsonAllen has enjoyed a long and very
beneficial relationship with Nexia International and we are
delighted this will continue for our newly merged firm”
Nexia International chairman Norbert Neu
welcomed CLA’s decision and its impact on Nexia’s growth plans.
“CliftonLarsonAllen now has a formidable
presence in the US market and we’re delighted to have them onboard.
We hope to continue to attract high-quality US firms to the network
as we expand Nexia’s footprint in the region,” Neu said.
