Weaver Merges with Elms Faris
21 May 2010
Weaver, one of the largest independent certified
public accounting firms in the nation and an independent member of
Baker Tilly International, announces its merger with Elms Faris
effective 1 June 2010. This marks the first expansion of Weaver
into the Midland / Odessa market.
Initially established in Midland in 1938 by George H. Marsh,
Elms, Faris & Company, LLP is one of the oldest and largest
locally-owned CPA and consulting firms in the Permian Basin and has
been led, since 1999, by Larry Edgerton, managing partner. The firm
provides assurance, tax, estate planning, information technology
consulting, business valuation, management consulting and
transaction advisory services. Industries for which the firm
provides these services include oil and gas, construction,
manufacturing, wholesale-distribution, not-for-profit, health care
and state and local government.
"As a firm that serves businesses with interests throughout
Texas, we are very excited about this merger," said Tommy D.
Lawler, Weaver's managing partner and CEO. "Having a presence in
Midland / Odessa allows us to further our state-wide expansion.
Merging with Elms Faris will not only build our footprint and
revenue, but it will also increase the depth of our niche practices
including oil and gas, manufacturing and distribution and state and
Larry Edgerton, CPA, has been named the Midland / Odessa
executive partner. All of the firm's 53 employees, including 39
accountants and consultants and six partners, will join the
combined firm which will use the Weaver name.
"Our clients will benefit from the added depth and resource base
this merger provides," said Edgerton. "We will be better positioned
to serve growing businesses throughout this region of the state and
continue to build upon the close, enduring relationships we have
with our current clients."
The combined merged firm will remain in its current offices at
400 W. Illinois, Suite 1550, Midland and 700 N. Grant, Suite 800,
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