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Friday, Apr 19, 2024

Chicago-Area Firm Buys Grobstein, Horwath & Co.

One of the largest accounting firms in the country expands to the West Coast with its acquisition of Grobstein, Horwath & Company LLP. The acquisition deal between Grobstein and Crowe Horwath LLP of Oak Brook, Ill., closes on Dec. 1. Grobstein’s personnel in Sherman Oaks and Costa Mesa will join the merged firm. “This transaction provides our clients and members of our firm at all levels with immediate access to and opportunities from Crowe’s vast network of resources nationally and internationally,” said firm managing partner Michael Grobstein. Both firms are independent members of the Horwath International alliance of professional-services firms. Crowe is among the ten largest accounting firms in the U.S. However, most of its offices are east of the Mississippi River. With Grobstein, the firm will have a West Coast presence and offices in the San Fernando Valley as well as Orange County.

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