Press Release

Moss Adams and Hein & Associates combine to create middle-market leader in the Western United States

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SEATTLE, Aug. 24, 2017—Moss Adams LLP, one of the largest accounting, consulting and wealth management firms in the nation, and Hein & Associates LLP, a top 100 accounting firm, today announced that they signed a letter of intent to combine.

Following the completion of standard due diligence, the agreement is expected to be effective Nov. 1, 2017. With this combination, Moss Adams will expand its geographic footprint with new office locations in Denver and Houston while also deepening resources in Dallas and Orange County. Hein also brings a nationally recognized oil and gas practice, a new sector that will round out the existing industry portfolio at Moss Adams.

“We’re thrilled to combine with Hein & Associates and solidify our presence in key Western markets,” said Chris Schmidt, Moss Adams chairman and CEO. “This is a unique opportunity to bring together two successful, like-minded firms to become the clear middle-market leader in the Western United States.”

Founded in 1977, Hein & Associates provides accounting and advisory services to clients across a number of industries, including energy, manufacturing and distribution, real estate, construction and technology. With offices in Denver, Dallas, Houston and Orange County, this combination will add roughly 300 new personnel to Moss Adams, including 35 partners, bringing the total headcount at Moss Adams to nearly 2,900 in 26 locations.

“This combination presents us with an opportunity to diversify our capabilities and gain access to deeper resources that will help us to better serve our clients,” said Jim Brendel, managing partner at Hein. “It became clear as we learned more about Moss Adams that there’s also a strong cultural fit, which was a critical factor in our decision.”

Revenue of the combined firm is expected to near $600 million.

For more information, please contact:

Jonathan Wilson, Moss Adams | jonathan.wilson@mossadams.com | (206) 302-6217

About Moss Adams
At Moss Adams, we believe in the power of possible. A business and personal advisory firm with more than 110 years of experience and 4,800 professionals across 30+ markets, we work with clients to meet the rising challenges and opportunities of tomorrow. Discover how we can help you go where you want to be next. Upward.

Baker Tilly US, LLP, Baker Tilly Advisory Group, LP and Moss Adams LLP and their affiliated entities operate under an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable laws, regulations and professional standards. Baker Tilly Advisory Group, LP and its subsidiaries, and Baker Tilly US, LLP and its affiliated entities, trading as Baker Tilly, are members of the global network of Baker Tilly International Ltd., the members of which are separate and independent legal entities. Baker Tilly US, LLP and Moss Adams LLP are licensed CPA firms that provide assurance services to their clients. Baker Tilly Advisory Group, LP and its subsidiary entities provide tax and consulting services to their clients and are not licensed CPA firms. ISO certification services offered through Moss Adams Certifications LLC. Investment advisory offered through either Moss Adams Wealth Advisors LLC or Baker Tilly Wealth Management, LLC.