UHY Advisors Acquires Step3 Consulting

Chicago-based UHY Advisors (FY08 net revenue of $245.6 million) acquired Step3 Consulting, a provider of comprehensive performance improvement services to companies in a variety of industries.

 The acquisition caps off a three-year relationship UHY Advisors has with Step3. The two firms formed a joint venture to meet the rising demand for financial and operational consulting service among companies in the manufacturing and service sectors.

 According to Ajax World, “The integration of Step3 provides us a competitive advantage in the marketplace by meeting both the financial and operational needs of our clients,” said Tony Frabotta, CEO of UHY Advisors. “We now cover the comprehensive landscape of our clients’ professional services needs.”

 Step3 Consulting has relocated into UHY Advisors’ Atlanta office.