Weaver acquires HKG in largest acquisition yet
TEXAS, UNITED STATES — Houston-based accounting and advisory firm Weaver has expanded its footprint by acquiring California-based HKG.
This is Weaver’s largest acquisition to date, adding 65 employees, including seven partners, from HKG’s Southern California office to its team. The transaction increases Weaver’s presence on the West Coast to six offices and 150 team members.
Weaver CEO John Mackel told the Houston Business Journal that the firm’s decade-long efforts to build its investment fund practice in Southern California were a key factor in the acquisition. Mackel added that the addition of HKG would provide a comprehensive advisory service in the region.
Apart from its West Coast and Texas markets, Weaver has a growing presence in New York, recently entered the Louisiana market, and is eyeing further expansion into Tulsa, New Jersey, Boston, and South Florida.
Weavers’ FY22 net revenue was at $197.6 million.
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