HOME | ABOUT US | MEDIA KIT | CONTACT US | INQUIRE
Posted November 30, 2023
Leawood-based accounting firm Status Group LLC has been acquired by NDH Advisors LLC, a Chicago-based accounting firm under a larger private equity company.
Terms of the transaction were not disclosed.
Stratus Group employees will become part of NDH’s Employee Purpose Plan, a broad-based employee ownership program that allows employees to benefit from the company’s success, according to a release from Unity Partners LP.
Unity Partners is a Dallas-based private equity firm that purchased NDH Advisors last May.
“NDH has displayed tremendous revenue growth relative to other firms in the industry and that growth speaks to NDH’s culture, technical expertise, and elite capabilities the firm delivers to its clients,” Stratus founder Courtney Jones said. “The entire Stratus team is excited for this opportunity, as I believe the combination of our two businesses will deliver top-tier service to current and future clients and a great experience to current and future employees.”
Jones will remain active in the business, according to the release.
Stratus was founded in 2002 and provides tax and outsourced accounting services to high-net-worth individuals and small businesses. Other services include estate planning, succession planning, cash flow reporting and bill pay, recordkeeping, and money manager selection and evaluation.