Weaver, a national accounting and advisory firm, said it has acquired Pasadena-based HKG, LLP, effective June 1.
Founded in 1995, HKG provides audit, tax and accounting services to clients across many industries including private equity, health care / life sciences, manufacturing and distribution, real estate, media, professional services, early stage and emerging growth companies, and not-for-profit.
“The partners at HKG look forward to the opportunities this transaction provides for each of our team members to grow and develop their careers as part of Weaver,” said Eric (Tony) A. Gronroos, HKG’s Managing Partner. “We also believe the expanded services Weaver offers, especially from a transaction advisory services perspective, will add value to our existing client relationships.”
This transaction adds 65 professionals, including seven partners to the firm, significantly expanding Weaver’s West Coast presence to six offices and 150 total team members, including 18 partners.
“HKG is the right strategic and cultural fit for Weaver,” said John Mackel, Weaver CEO and Managing Partner. “We share an unwavering commitment to client success, acting with integrity and always striving to transcend expectations. With a strong commercial practice in Pasadena, HKG has a diverse client base, strong relationships and a talented team. Clients of both firms will benefit from the additional services and knowledge base across our teams and regions.”
Gronroos will serve as Weaver’s Partner-in-Charge of Los Angeles Tax Services and, as such, be responsible for the Pasadena office. He will work closely with Sindhu Rajesh and the combined partner team to integrate and expand operations in Southern California. The HKG team will remain in their existing office at 100 West Walnut Street, 7th Floor, in Wes Pasadena.