LaPorte Sehrt Romig Hand CPAs Announces Merger with Houston CPA Firm, Hidalgo Banfill Zlotnik & Kermali PC


LaPorte Sehrt Romig Hand CPAs (LaPorte) has announced its intention to merge with Houston CPA firm, Hidalgo Banfill Zlotnik & Kermali PC (HBZK), once due diligence is completed by both firms, according to William “Ted” Mason, president/CEO of LaPorte. The merged firm will operate as LaPorte Sehrt Romig Hand and maintain the current LaPorte Louisiana offices in New Orleans, Covington, and Baton Rouge as well as the HBZK office located at 1770 St. James Place in Houston. “This merger — part of our firm’s long-term growth strategy — allows LaPorte to expand our geographical footprint along the Gulf Coast and to more fully serve our clients with offices in both Louisiana and Texas,” Mason states. “Hidalgo Banfill Zlotnik & Kermali’s industry strength in oil and gas adds a new dimension to our firm and their real estate development and construction practices complement our Louisiana practice – enabling the combined firm to better support business expansion and economic recovery efforts in the Gulf Coast.” Hidalgo Banfill Zlotnik & Kermali, a full-service tax, accounting and business consulting firm in Houston, was established in 1949. HBZK specializes in tax, audit/assurance and consulting services for oil and gas companies, construction firms, financial institutions, real estate developers, wholesale/retail operations and non-profit organizations. HBZK principals Harold G. Hidalgo, James M. Banfill, Naushad A. Kermali, and Douglas Hidalgo will become directors in LaPorte. The combined firm will have a total staff of 160 people and revenue in excess of $23
million.

“We are pleased to be joining our firm with LaPorte Sehrt Romig Hand in a strategic move that provides an opportunity for our firm to grow in strength, depth and continuity,” says Harold G. Hidalgo, Sr., managing partner of Hidalgo Banfill Zlotnik & Kermali. “With the resources that LaPorte brings, we will be able to serve new and existing clients with more specialized industry expertise and provide state-of-the-industry technical advice and consulting through the international reach of The McGladrey Alliance,” he states. “Not only do both firms share the same commitment to technical expertise but, most important, both deliver a high level of partner involvement in every engagement,” he concludes. LaPorte Sehrt Romig Hand CPAs is one of the leading accounting, tax, and business consulting firms in Louisiana. The firm has been recognized by Practical Accountant as one of the 2009 top 15 firms in the Southwest (ranked 10th).
LaPorte was also designated as a 2009 All-Star Firm by Inside Public Accounting and has been cited by Accounting Today in 2008 and 2009 as one of the Best Accounting Firms to Work for’ in the U.S. In addition to traditional accounting and tax services, LaPorte’s specialty services and industry expertise include among others: financial services, law firm management services,
healthcare, government, nonprofits, construction, hospitality, family-owned businesses, real estate, business valuation, estate planning, benefits and compensation plans, internal controls,
forensic accounting and litigation support services. LaPorte is an independently owned member of The McGladrey Alliance. The McGladrey Alliance is a premier affiliation of independent accounting and consulting firms in the United States, with more than 90 members in 42 states and Puerto Rico. McGladrey is the brand under which RSM McGladrey, Inc – a leading national provider of tax and consulting services — and McGladrey & Pullen, LLP – a licensed CPA firm providing assurance services – serve clients’ business needs. Together, they rank as the fifth largest U.S. provider of assurance, tax and consulting services with 7,000 professionals and associates in nearly 90 offices. Both McGladrey firms are members of RSM International, the sixth largest global network of independent accounting, tax and consulting firms. “This international association provides our clients with extensive industry-specific
resources and programs, as well as access to a network of professionals wherever clients require resident expertise,” Mason notes