Smith + Howard, an Atlanta-based accounting firm with a net revenue of $74.2 million for fiscal year 2024, has announced its acquisition of Horton Lee & Burnett, a well-established accounting and consulting firm located in Birmingham, Alabama. This strategic move marks Smith + Howard’s entry into the Alabama market and enhances its footprint across the Southeastern United States.
Strategic Expansion and Shared Values
CEO Sean Taylor stated, “This acquisition aligns with our strategy to combine organic growth with targeted expansions that add depth to our expertise and geographic reach.” He expressed confidence that Horton Lee & Burnett’s strong team and client relationships align closely with Smith + Howard’s values. Taylor emphasized that this collaboration will enable both firms to deliver increased value to their clients.
Founded in 1967, Horton Lee & Burnett has built a reputation for serving clients across various sectors, including real estate, health care, manufacturing, nonprofit organizations, and automotive dealerships. The firm’s extensive industry experience complements Smith + Howard’s existing service offerings.
Following the completion of the acquisition, Horton Lee & Burnett will transition to the Smith + Howard brand. This change is expected to enhance the range of services available to clients, as both firms aim to leverage their combined expertise for greater client benefit.
Looking Ahead with New Opportunities
Brian W. Burnett, a partner at Horton Lee & Burnett, shared his enthusiasm about the acquisition, stating, “Joining forces with Smith + Howard is an exciting step for our clients and our team.” He highlighted the shared vision between the two firms for delivering exceptional service and practical solutions. Burnett noted that this partnership opens new avenues for growth and innovation, enabling them to serve their clients more effectively.
This acquisition not only signifies a bold step for Smith + Howard but also underscores the firm’s commitment to expanding its reach and enhancing its service capabilities in the Southeastern United States. As the integration process unfolds, both firms are poised to work collaboratively towards a shared future, aiming to set new standards in client service and industry expertise.
