Barfield Murphy Shank & Smith Acquires Hindsman

Birmingham, Ala.-based Barfield Murphy Shank & Smith (FY16 net revenue of $18.7 million) acquired Hindsman PC of Gadsden, Ala., effective Jan. 1, 2018.

Currently, Hindsman provides a broad range of accounting, tax, audit and advisory services to both businesses and individuals throughout northeast Alabama. These services also include an outsourced bookkeeping practice as well as payroll services. The firm works with clients in a variety of industries such as medical practices, manufacturing and construction.

“For many years, we have witnessed, admired and respected how BMSS has taken care of its people and its clients throughout the state,” says Scott Hindsman. “Their culture and primary mission closely mirror ours. The skill sets of both firms are complementary to one another. It just seemed to make sense to bring the two firms together.”

“This merger is significant for all of us,” says BMSS founding partner Don Murphy. “In Hindsman PC, we found people who, like us, could add real value at every stage of an organization’s life cycle with strengths that complement and extend our own. Beyond that, we feel that they’re a great fit with our people, our culture and our mission of delivering an exceptional client experience.”