Dallas-based Gummer Group LLC has been acquired by Houston-based Calvetti Ferguson, a nationally recognized CPA and advisory firm.
Terms of the transaction were not released.
“Calvetti Ferguson’s culture revolves around adding value to their clients, a perspective that aligns seamlessly with our own,” Chris Gummer, managing partner at Gummer Group, said in a statement. “I am confident that this acquisition will provide our clients with a high level of experience, intentionality, and overall satisfaction with the firm’s tailored full-service offerings.”
Gummer Group is a tax-focused CPA firm that serves high-net-worth clients in the Dallas-Fort Worth area, focused primarily on family offices. It also has experience serving real estate and oil and gas clients.
Calvetti Ferguson ranks as the 159th-largest accounting firm in the U.S., according to Inside Public Accounting, an industry publication.
“With the addition of Gummer Group, our Dallas office will increase its headcount by 25%,” Jason Ferguson, managing partner at Calvetti Ferguson, said in a statement. “This acquisition will double our family office practice, enhance our expertise, and add to Calvetti Ferguson’s brand and market depth in the Dallas market.”
Calvetti Ferguson said it works with all types of family offices, including new single-family offices to multifamily offices with more complicated requirements.
Earlier in Q4 2023, Calvetti Ferguson added a Nashville partner, Nicholas McClay, and a risk advisory service line to its portfolio.
With the addition of the Gummer Group team, the combined Dallas-Fort Worth offices of Calvetti Ferguson will have over 75 employees.
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