The Huntsville-based cost accounting and federal compliance solutions group Solvability has been acquired by Decosimo, a top 100 regional accounting and business advisory firm with offices in nine markets across Alabama, Tennessee, Georgia, Ohio and the Cayman Islands. The specialized practice acquisition enhances Decosimo’s existing audit, tax and business advisory service offerings for government contractors, while extending Solvability’s reach and resources.
“Decosimo welcomes the Solvability practice and its highly-specialized team to our firm’s Huntsville network,” said Ken Conner, Principal overseeing Decosimo’s Huntsville expansion efforts. “With the government contractor concentration in Huntsville and our regional firm’s growing client base in this industry, it was important for us to complement our traditional assurance and tax services with the compliance advisory and specialized accounting solutions that these businesses need to effectively operate and report on their federal contracts.”
Using innovative approaches to meet the budget, schedule, staffing and business goals of their clients, Solvability’s experienced team of government contracting specialists and CPAs deliver industry solutions such as ADP, Deltek, QuickBooks, and Unanet to comply with federal contract audit agency requirements. Solvability helps businesses to evaluate, implement, maintain and improve their systems, providing highly-accessible and flexible options for training, consulting and technical support.
For Solvability clients, the transition will be seamless as the practice will continue to do business under the Solvability name and will keep all of its personnel. Contact numbers, as well as email, online and physical addresses, will remain the same.
Solvability’s Founder Jenny Clark and CEO Joe Yearta will each serve in Director roles under the new arrangement with Decosimo, while other personnel will continue in their current roles.
For more information about Decosimo’s Solvability practice, contact Joe Yearta or Jenny Clark at 256/971-2728. For information about Decosimo’s full range of services to government contractors, including audit, tax and business valuation, contact Ken Conner at 800/782-8382 or Derek Daniel at 256/517-1111.