Frazier & Deeter acquires accounting practice Gray, Gray & Gray

US-based Frazier & Deeter (FD) has acquired Gray, Gray & Gray, an accounting and concern advisory signifier headquartered successful Canton, Massachusetts.

Financial details of the transaction were not disclosed.

In a statement, FD said the transaction "establishes" the company's beingness successful the New England marketplace and "deepens its reach" successful the Greater Boston area.

The combined cognition volition service a wide premix of businesses, household owned enterprises and idiosyncratic clients.

FD CEO Jeremy Jones said: "We are excited to officially invited the Gray, Gray & Gray squad to Frazier & Deeter and to grow our beingness successful the New England market.

"The Greater Boston country is simply a marketplace defined by innovation and exceptional talent.

"Gray, Gray & Gray shares our committedness to lawsuit work and culture, making this a earthy acceptable arsenic we proceed to turn thoughtfully and intentionally."

Following completion, Gray, Gray & Gray volition beryllium integrated into FD's operational and enactment framework.

This includes technology, endowment development, finance, selling and concern development, with the companies stating that the operation is intended to support lawsuit continuity portion fostering collaboration and semipermanent growth.

Gray, Gray & Gray managing spouse James DeLeo said: "While we person ever been arrogant to beryllium an autarkic firm, joining Frazier & Deeter, a steadfast we person had a narration with for implicit 30 years, is an breathtaking adjacent section for our firm.

"This concern allows america to sphere our client-first attack portion providing entree to broader resources, expanded advisory services and caller opportunities for our people.

"It was important to find a steadfast that shares our values, and we recovered that successful Frazier & Deeter."

In May this year, FD acquired Minneapolis-based accountancy signifier Copeland Buhl.

"Frazier & Deeter acquires accounting signifier Gray, Gray & Gray" was primitively created and published by International Accounting Bulletin, a GlobalData owned brand.