CRI (Carr, Riggs & Ingram) announced on Oct. 29 that it has merged with Florence, AL-based Abroms & Associates, strengthening the top 25 accounting firm’s position in northern Alabama.
Financial terms of the deal weren’t disclosed. Abroms’ professionals will continue to serve clients from their Florence location under the CRI name.
This is Enterprise, AL-based CRI’s fourth merger transaction since it received private equity funding from investment management firm Centerbridge Partners and venture capital firm Bessemer Venture Partners in November 2024. CRI combined with Indianapolis-based top 200 CPA firm CapinCrouse earlier this year, Lufkin, TX-based CPA firm Axley & Rode in June, and San Antonio-based Williams Steinert Mask CPAs in September.
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Founded in 1981, Abroms & Associates provides accounting, tax, and consulting services to clients across various industries, including real estate, manufacturing and distribution, and nonprofits.
“Abroms & Associates has long been recognized for its dedication to clients and its deep roots in the Shoals community,” CRI Chairman Bill Carr said in a statement. “Their focus on excellence and genuine client care aligns perfectly with CRI’s culture and values. This merger not only strengthens our footprint in northern Alabama but also reflects our ongoing commitment to investing in talented teams and expanding into growing markets. We look forward to building a shared legacy of client service while expanding the depth of resources and expertise available to clients.”
“For decades, our firm has been proud to serve Florence and the greater Shoals community with the personal attention and trusted guidance our clients have come to expect,” added Marty Abroms, president and managing shareholder of Abroms & Associates. “Joining CRI allows us to honor that legacy while expanding the depth of resources and expertise available to our clients. Together, we’ll continue building on the strong relationships that define our community—now with the added reach and capabilities of a nationally recognized firm.”
With more than 2,500 professionals in 40 markets across the U.S., CRI delivers a full range of audit, accounting, tax, and advisory services to its clients.
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