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AccounTEC Acquires Houston-based Horn, Wallace, Cole & Company.


Business Editors

NEW YORK--(BUSINESS WIRE)--May 1, 2000

AccounTEC Inc., a national provider of accounting, finance and information technology professionals on a project outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. , interim and executive search basis, announces the acquisition of Horn, Wallace Wal·lace , Alfred Russel 1823-1913.

British naturalist who developed a concept of evolution that paralleled the work of Charles Darwin.
, Cole & Company, PC. With offices in Houston and San Antonio San Antonio (săn ăntō`nēō, əntōn`), city (1990 pop. 935,933), seat of Bexar co., S central Tex., at the source of the San Antonio River; inc. 1837. , Horn, Wallace, Cole & Company is a leading regional provider of accounting and finance project outsourcing services. The company, through its subsidiary Strategic Staffing Inc., also provides accounting and information technology services on an interim and executive search basis.

"The acquisition of Horn, Wallace, Cole further expands our presence in the project outsourcing space," says Joseph Amella, president and chief executive officer of AccounTEC Inc. "The expertise acquired in this transaction significantly enhances our capabilities as the nation's premier accounting and finance project outsourcing firm."

Horn, Wallace, Cole managing principals, Gary Horn and David Cole David Cole may refer to:
  • David Cole Elmendorf (born 1949), football player for the Los Angeles Rams
  • David Cole (producer) (1962-1995), music producer for C+C Music Factory
  • David D.
, will continue to manage the company.

AccounTEC, headquartered in Hauppauge, N.Y., focuses on the acquisition, consolidation and growth of leading regional and single-market firms nationwide that provide accounting and information technology services. AccounTEC is a partnership of Joseph V. Amella and Chicago-based equity firm GTCR GTCR Glacier Travel and Crevasse Rescue  Golder Rauner.
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Publication:Business Wire
Geographic Code:1USA
Date:May 1, 2000
Words:188
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