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Elliott Davis Decosimo combines with Franklin, Tenn.-based CPA firm

Staff photo by Doug Strickland / Among the management team for accounting firm Elliott Davis Decosimo are, from left, Nick Decosimo, office managing shareholder for Chattanooga and executive committee member; accounting resources director John DeMoss; shareholder John Henegar; shareholder Tom Eiseman; shareholder and litigation services leader Mike Costello; and shareholder and executive committee member Renee Ford.
Staff photo by Doug Strickland / Among the management team for accounting firm Elliott Davis Decosimo are, from left, Nick Decosimo, office managing shareholder for Chattanooga and executive committee member; accounting resources director John DeMoss; shareholder John Henegar; shareholder Tom Eiseman; shareholder and litigation services leader Mike Costello; and shareholder and executive committee member Renee Ford. Staff photo by Doug Strickland / Among the management team for accounting firm Elliott Davis Decosimo are, from left, Nick Decosimo, office managing shareholder for Chattanooga and executive committee member; accounting resources director John DeMoss; shareholder John Henegar; shareholder Tom Eiseman; shareholder and litigation services leader Mike Costello; and shareholder and executive committee member Renee Ford.

By Staff Report 2 min read

Elliott Davis Decosimo, a top 30 U.S. accounting firm with a major footprint in Chattanooga, and Crowell & Crowell have agreed to combine the two firms effective Jan. 1, the companies said Thursday.

The union expands Elliott Davis Decosimo’s banking and financial services presence in Tennessee and gives Crowell & Crowell additional resources to adapt to their clients’ growing needs.

Founded in 2002, Franklin, Tenn.-based Crowell & Crowell specializes in providing audit and consulting services, including internal audit, compliance reviews, IT reviews and loan review services to financial institutions in Tennessee. The CPA firm employs about 12 people.

Recently, Elliott Davis Decosimo announced a growing presence of the banking and financial services practice in the Nashville and Knoxville markets with the relocation of two key members of the financial services team.

The combination further expands the banking specialty area for both firms, according to the companies. Elliott Davis Decosimo currently serves more than 120 financial institutions across the Southeast, many of which are Securities & Exchange Commission registrants.