LBMC
 | |
| Company type | US private company |
|---|---|
| Industry | Accounting |
| Founded | 1984 |
| Products | Professional Services |
Number of employees | 500+ (as of February 2016) |
| Website | http://www.lbmc.com |
LBMC Family of Companies is a Tennessee-based accounting, business advisory and professional services firm. The LBMC organization began in 1984 with the formation of the CPA firm. There were five founding partners, four of which made up the original company name of Lattimore Black Morgan and Cain, PC. Those partners are Jim Lattimore, Jr., Charles Black, Jr., David Morgan, Mike Cain and Croley Graham.
LBMC now employs more than 500 employees[1] across three Tennessee offices in Nashville, Knoxville, and Chattanooga. The headquarters is located in Brentwood, a suburb of Nashville located in Williamson County, Tennessee.
LBMC is a founding member of Leading Edge Alliance, an international alliance of independently owned accounting and business advisory service firms.[2]
Company Divisions
LBMC, PC (Audit, Tax and Advisory) LBMC Staffing Solutions, LLC LBMC Technology Solutions, LLC LBMC Employment Partners, LLC LBMC Investment Advisors, LLC LBMC Information Security LBMC Physician Business Solutions, LLC LBMC Business Process Solutions, LLC
History
- 1984: Company founded with the formation of the accounting services firm.
- 1986: Family Office founded
- 1992: Benefit Plan Administration added
- 1994: Firm adds Business Valuations Services and Litigation Support
- 1996: LBMC adds Payroll Outsourcing, State and Local Tax services and Network Engineering.
- 1996: LBMC Technologies (now Technology Solutions) founded
- 1997: Business Applications services added
- 1998: Strategic Staffing (now Staffing Solutions), Investment Advisors and Employment Partners founded
- 2000: Firm adds IT Assurance services, Healthcare Consulting, LIFO Services and Merger and Acquisitions
- 2004: Risk Services founded
- 2005: Acquired Knoxville-based IT Solutions.[3]
- 2006: Merger with McWilliams & Company[4]
- 2007: Merger with Petty & Landis (P&L) in Chattanooga[5]
- 2009: Managed Security Services (now Information Security) founded
- 2015: Jeff Drummonds becomes managing partner.[6]
References
- ^ Jeffery S. Drummonds Named Managing Partner of LBMC
- ^ Leading Edge Alliance Member Firms
- ^ LBMC snaps up Knoxville IT firm, Nashville Business Journal
- ^ LBMC buys Knoxville accounting firm, making it largest in East Tennessee, Nashville Business Journal
- ^ Petty & Landis Merges with Lattimore Black Morgan & Cain, The Chattanoogan
- ^ Jeffery S. Drummonds Named Managing Partner of LBMC
Category:Accounting firms of the United States
Category:Privately held companies based in Tennessee