CLA Acquires New Bedford, Mass., Firm

Minneapolis-based CliftonLarsonAllen (FY14 net revenue of $598.7 million) has merged with Hodgson Pratt Pratt and Saunders, a staple in New Bedford, Mass., since 1974.

“We will just continue our commitment to serving the community, and other than our name change, the merger should be seamless,” James R. Pratt Jr., who was MP with Hodgson Pratt Pratt and Saunders, told The Standard Times. The company offers professional services, including tax return preparations and consulting and assurance work. Pratt, and the other principals in the firm, Pratt’s wife, Michele Pratt, and Kimberly Saunders, will also be principals in CliftonLarsonAllen, he said.

The company will remain in New Bedford and move into CLA’s current office at 700 Pleasant St., according to James Pratt.

He said the merger allows additional services – group segregation studies, research and development credit services and international services within the global economy. “We get to bring national services to our local clients,” he said.

No layoffs of the company’s 10 employees are expected, and in fact, a few staff members may be added, Pratt told the newspaper. The merger will mean more growth and educational opportunities for employees, he said.