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Kirkland, Russ, Murphy & Tapp bought by two national companies

Kirkland, Russ, Murphy & Tapp, one of Tampa Bay's largest accounting firms, has been purchased by two national companies that together provide clients accounting and various business services.

Publicly traded CBIZ Inc. and Mayer Hoffman McCann PC announced the acquisition Thursday without disclosing the sales price.

Based in Clearwater, KRMT ranked as the area's seventh largest accounting and financial services firm in August by the Tampa Bay Business Journal.

The firm has 75 people and booked about $12 million in revenue during the last 12 months.

It will remain local with "the same people doing the same work for the same clients," said shareholder Bill Tapp.

The two buyers are separate companies that work together for clients.

Mayer Hoffman McCann performs audits, while CBIZ performs tax consulting, accounting, business valuations and employee benefit work.

The local firm received other offers, Tapp said, but the two buyers have a track record of letting acquired companies maintain control over how their practice operates, hiring and setting rates, Tapp said.

Kirkland, Russ, Murphy & Tapp bought by two national companies 11/05/10 [Last modified: Friday, November 5, 2010 9:52pm]
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