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Chicago Accounting Firm Acquires Two Companies

Chicago-based Porte Brown, which provides tax and wealth management services among others, announced that it has acquired two tax and accounting firms during the past quarter. No financial details of the deals were disclosed.
The acquired firms are Fleming & Co, with offices in McHenry, Elk Grove Village and Downtown Chicago, and G Ross & Associates, also of Chicago. Employees of these companies are invited to apply to work for Porte Brown.
"We are aggressively looking to acquire other accounting and tax firms of all sizes as well as wealth management firms," said Bruce Jones, managing partner of Porte Brown.
The firm, launched 65 years ago, has doubled its size in terms of billings and personnel over the past five years, boosted by seven acquisitions. It employs 70 people.