Two major business services firms to merge

A major business services firm with a local office and a Texas-based accounting firm have announced they are merging.

Elliott Davis, LLC, which has eight locations throughout the Southeast, including one at 1 10th Street, Suite 400 in downtown Augusta, will merge with Whitley Penn LLP to form Elliott Penn LLP.

Founded in 1920, Elliott Davis offers a variety of services, such as tax preparation, business valuation consulting, and forensic accounting.

Founded in 1983, Whitley Penn also offers many services to its clients, which include audits, strategic consulting, and wealth management. The company has eight locations throughout Texas, including Austin, Dallas, and Plano.

Elliott Penn will have a total of 1400 employees. The firm will be led by two CEOs: Rick Davis, CEO of Elliott Davis, and Larry Autrey, CEO of Whitley Penn. The merger should be completed by November 1.

“Elliott Penn is the result of a long-term relationship, which turned into a mutual conversation about what could be,” Autrey said. “I could not be more excited about what Elliott Penn will offer to the market and our teams.”

Like Autrey, Davis is excited about serving customers in various parts of the United States.

“Through our conversations about the changing dynamics in our industry, we recognized that together we would cover the hottest growth markets in the country,” he said.

For more information about the firms, visit elliottdavis.com and whitleypenn.com.

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