12/08/2021 | Press release | Distributed by Public on 12/08/2021 12:07
CHICAGO (Dec. 8, 2021) - Crowe LLPhas signed an agreement to welcome personnel from Houston-based Briggs & Veselka, the third largest locally owned accounting firm in Texas. The transaction has an expected completion date of Jan. 1, 2022. Crowe is a public accounting, consulting and technology firm in the U.S. with offices around the world, including Dallas and Houston. Following the completion of the transaction, the Texas presence of Crowe will include more than 550 professionals. Financial terms of the transaction were not disclosed.
Briggs & Veselka was founded in 1973 in Houston and today has more than 330 professionals and four offices in Houston, Austin, The Woodlands and El Campo, Texas. It is the largest locally owned accounting firm in Houston and ranked nationally as a top 100 accounting firm by Accounting Today and Inside Public Accounting. It has also been recognized by several organizations as a best place to work.
"Briggs & Veselka has grown to become a leading accounting and consulting firm that's well respected in the Texas market while staying true to their values of compassion, excellence and dedication," said Mark Baer, Crowe CEO. "At Crowe, we have ambitious growth plans, including expanding in key growth markets such as Texas, and our decisions are always grounded by our core values of care, trust, courage and stewardship. We're very excited to welcome the Briggs & Veselka team to the Crowe family."
Briggs & Veselka provides audit, tax and a variety of consulting services across Texas and nationally. The firm works with clients across numerous industries, including agriculture, banks & financial institutions, construction, energy, healthcare, life sciences & pharmaceuticals, manufacturing & distribution, nonprofit, professional services, real estate, restaurants & hospitality, retail, technology & media, and transportation & logistics.
As part of the transaction, Sheila Enriquez, CEO and managing partner at Briggs & Veselka, will join Crowe as a partner, Texas market leader and a member of the Crowe management committee. Thirty-three partners from Briggs & Veselka will join Crowe as partners, and the Briggs & Veselka offices will become Crowe offices.
Enriquez noted that she and the team at Briggs & Veselka have long prided themselves on being fiercely independent, but with the evolution of the profession driven by exponential changes accelerated by the pandemic, she believes that joining Crowe is in the best interest of Briggs & Veselka's people, clients and partners.
"We've worked hard to create a culture where our people thrive and where our clients have the utmost trust in us to help them succeed and grow," Enriquez said. "The more I learned about Crowe, the more confident I became that our respective cultures and strategies for the future are very much aligned. In joining Crowe, we can remain true to our values and continue our legacy. We're creating tremendous synergies that will provide greater opportunities for our team members and allow us to better serve our clients with expanded services and solutions, both in the great state of Texas and beyond," said Enriquez.
John Flatowicz, immediate past managing partner of Briggs & Veselka who doubled the size of the firm during his nine-year tenure, echoed this enthusiasm.
"I've been part of the Briggs & Veselka family for 39 years and am excited about what joining Crowe will mean for our two firms, our people and the Texas market," said Flatowicz. "We'll be able to offer our clients new and exciting solutions that provide lasting value. In Texas, relationships are everything. In joining with Crowe, our loyalty to our clients and commitment to quality remain steadfast."
For more information on Crowe please visit the About Us page.
Crowe LLPis a public accounting, consulting and technology firm with offices around the world. Crowe uses its deep industry expertise to provide audit services to public and private entities. The firm and its subsidiaries also help clients make smart decisions that lead to lasting value with its tax, advisory and consulting services. Crowe is recognized by many organizations as one of the best places to work in the U.S. As an independent member of Crowe Global, one of the largest global accounting networks in the world, Crowe serves clients worldwide. The network consists of more than 200 independent accounting and advisory services firms in more than 130 countries around the world.
About Briggs & Veselka
Briggs & Veselka Co. has served emerging middle-market businesses and individuals in the greater Houston area since 1973 and has grown to be the third largest locally owned CPA firm in Texas, with offices in Houston, The Woodlands, El Campo, and Austin. We provide comprehensive business and personal tax, audit and attestation, and advisory services to growing middle-market companies, small cap public companies, and individual families and their estates. Our mission is to gain our clients' ultimate trust and confidence in our work as we continue to foster a legacy of loyalty. To learn more about Briggs & Veselka Co., please visit our website.