(Houma, LA, October 9, 2017) Local CPA firm Lanaux & Felger, CPAs, APC (Lanaux Felger) has announced its intention to merge with LaPorte CPAs & Business Advisors (LaPorte) following completion of due diligence procedures by both firms, according to Thomas Lanaux, a principal of Lanaux Felger. The merger is scheduled to become official on December 1, 2017.
With the Lanaux Felger merger, LaPorte will have a total staff of over 180 employees and revenues in excess of $28 million. The regional firm serves clients from five fully staffed offices in Houma, Metairie, Baton Rouge, and Covington, Louisiana, and in Houston, Texas. On December 1, Lanaux & Felger and the existing LaPorte Houma practice will consolidate in a new location at 304 Corporate Drive, Suite E, in Houma. Lanaux & Felger principals Thomas Lanaux and Mark Felger will assume key leadership roles as directors in LaPorte, and the combined Houma firms will operate as LaPorte CPAs & Business Advisors.
“The move by LaPorte Houma directors to measure our interest in a merger timed perfectly with our own strategic considerations for Lanaux Felger’s future. The benefits to our firm, clients, and professionals are multifold,” says Lanaux. “We will be able to offer our clients additional services and resources as well as sophisticated technical support to address the needs of working in an increasingly complex industry environment. Our professionals will have access to firm and national continuing professional education courses and more opportunities for career development.” Lanaux adds: “Beyond that, and perhaps most important to us, this is a merger with a firm whose culture and commitment are similar to ours, enabling us to enhance services to our clients as they face industry and regulatory changes.”
According to William “Ted” Mason, LaPorte president and CEO, “With this merger, LaPorte is strengthening our Houma practice and bringing complementary services to an expanded client base. We are very excited that this merger is moving forward so smoothly.” Continuing, Mason states that “Terrebonne, Lafourche, and St. Mary Parishes are strategically and economically important to the state, and we are very proud to be able to build on our presence there.”
Lanaux & Felger, CPAs, APC a full-service tax, accounting, and business consulting firm in Houma, was established in 1979. It provides tax, audit and assurance, and business consulting services primarily to business entities, financial institutions, local governmental entities, and nonprofit organizations.
Founded in 1946, LaPorte is one of the leading independent full-service accounting, tax, and business advisory firms in the Gulf South region. INSIDE Public Accounting has named LaPorte one of the “Top 200 Accounting Firms” every year since 2010, and Accountants Media Group, publishers of Accounting Today, has rated LaPorte ninth of 18 on the journal’s “2017 Regional Leaders” among Gulf Coast firms. LaPorte serves clients in most major industries, and its principal industry groups include construction, energy, financial services, healthcare, hospitality and entertainment, nonprofit, professional services, public sector, and real estate.
LaPorte is also a member of RSM US Alliance* – a premier affiliation of independent accounting and consulting firms in the United States, with more than 75 members in over 38 states, the Cayman Islands, and Puerto Rico. This affiliation gives us access to a full range of national and international capabilities. As a member of RSM US Alliance, we also have access to the resources of RSM US LLP (formerly McGladrey LLP), a leading provider of audit, tax, and consulting services focused on the middle market with more than 9,000 people in 86 offices nationwide and RSM International, a global network of independent audit, tax, and consulting firms with more than 38,000 people in over 120 countries.
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