Abdo, Eick & Meyers Acquires Francis and Associates

Edina, Minn.-based Abdo, Eick & Meyers (FY11 net revenue of $12 million) announced that it has acquired Francis and Associates of Minnetonka, Minn. The deal will take effect Nov. 1, according to the Minneapolis/St. Paul Business Journal.

Abdo said it will now have more than 70 accounting professionals and 100 total staff in its Edina and Mankato locations. The merger allows the firm to offer a wider range of services, MP Steve McDonald said in a statement. “It will also broaden our presence in the Twin Cities metro area and allow us to better serve our rapidly growing business.”