EisnerAmper Welcomes HDA Accounting Group to Its Dynamic Team

In an exciting development for the accounting and business consulting sectors, EisnerAmper has announced the integration of HDA Accounting Group. This partnership, anticipated to be finalized in early 2025, marks a strategic expansion for EisnerAmper, particularly in the niche of dental practice services.

Overview of HDA Accounting Group

Based in the Denver area, HDA Accounting Group has carved a unique niche since its establishment in 2011. Serving exclusively dental practice owners, HDA has built a robust portfolio consisting of over 800 clients spanning all 50 states. The firm employs a skilled team of more than 65 professionals, providing a wide array of services from tax compliance and monthly accounting to benchmarking and profitability analytics.

Morgan K. Hamon, the managing partner at HDA, shared his enthusiasm about the merger, stating, "This combination with EisnerAmper will allow us to enhance our clients' experience through additional expertise, technology, and service offerings." This sentiment underscores the potential for improved client services that this collaboration will provide.

Enhanced Client Services

One of the main advantages of this merger is the breadth of new advisory services that can now be offered to HDA’s clientele. The partnership will enable HDA to provide additional value in areas such as cybersecurity, real estate, business valuation, and wealth management. Clients can expect a more comprehensive suite of services tailored to meet the evolving demands of the dental industry.

Dan Gardiner, Managing Partner of Outsourced Solutions at EisnerAmper, emphasized the strategic importance of this partnership: "HDA represents a strategic move in both a key practice area and niche." Such integrations are crucial as the outsourced accounting sector shifts its focus towards industry-specific solutions.

Cultural and Strategic Fit

Allan D. Koltin, the CEO of Koltin Consulting Group, who provided advisory services to both firms during the merger, highlighted the significance of cultural alignment. He stated, "This strategic pairing of EisnerAmper and HDA is all about the cultural fit along with the client-focused resources that each brings to the table." A shared vision and aligned values are often sophisticated requirements that can lead to successful integrations in the corporate landscape.

About EisnerAmper

EisnerAmper stands as one of the largest business advisory firms globally. Their dual structure consists of EisnerAmper LLP, a licensed independent CPA firm offering client attest services, and Eisner Advisory Group LLC, which provides business advisory and non-attest services. With a team of approximately 450 partners and 4,500 employees, the firm caters to various business sectors and offers a comprehensive range of services.

As they welcome HDA into their portfolio, EisnerAmper is poised for continued growth, further establishing itself as a leader in providing specialized industry solutions. The integration of HDA not only enhances their service offerings but also strengthens their position in the marketplace.

In conclusion, this strategic merger between EisnerAmper and HDA Accounting Group is set to create ripples in the industry. With their combined expertise and enhanced service portfolio, these firms are well-positioned to meet the evolving needs of dental practices across the nation.