Accounting union: Smart Devine adds Hanna, McGlone

Smart Devine, the accounting firm started by James Smart after he sold the former Smart & Associates to a private-equity firm for $60 million in 2007, says it has merged with King of Prussia-based Hanna, McGlone & Co. PC. The combined firm will employ more than 80, making it one of the larger accounting firms based in the Philadelphia area. (Smart & Associates partners have since scattered to Grant Thornton, BDO and other firms).

"A significant component of our long-term growth strategy is to grow through merger and acquisition," said founder Smart in a statement. The combination helps Hanna, McGlone staff "more capably serve clientele by providing a greater depth and array of accounting, tax and consulting services while maintaining the culture of discrete personal service," said Hanna McGlone chief Jim Hanna. The combined firm will be based at Smart Devine's office, 1600 Market St.