Whitley Penn to merge with Null-Lairson
April 24, 2012 by Sarah
Whitley Penn, a Fort Worth-based company, is set to join forces with Null-Lairson, which bases it operations in Houston, Texas, on May 1, 2012. The change will make it one of the 60 largest firms nationwide, gaining 40 places from the 100th placement it currently holds. The managing partner at Whitley, Larry Autrey, told the Star Telegram:
“They’re well-known for [their governmental accounting] skills, and we don’t do it.”
Conversely, Whitley brings its expertise in its energy business and other aspects, which Null-Lairson will stand to gain in its clientele.
The merger between Null-Lairson and Whitley Penn will create a massive demand for business card printing in terms of updating existing business cards and to account for additional employees in several offices; although the new company will still use the Whitley Penn name, it is looking to take on an additional 300 employees in Texas City, Sugar Land, Fort Worth, Houston and Dallas in five separate offices. The merger is widely expected to be great for the Texan economy.
Whitley Penn is no stranger to change and acquisition. Whitley Penn has accomplished a successful merger previously in 2007 when it merged with then Fort Worth’s McCaslin & Co. This move placed Whitley Penn in one of the top accounting firms in the US. With the new acquisition, Whitley Penn, upon completion of the merger, will serve private and public clients. The services the new Whitley Penn will offer are energy, employee benefits, financial services, retail, manufacturing, real estate, not-for-profit and government.