Crowe Horwath and Grobstein, Horwath & Co. announce transaction.

OAK BROOK, Ill.--Crowe Horwath LLP signed an agreement to acquire certain assets of California-based Grobstein, Horwath & Co. LLP. Crowe Horwath LLP is one of the largest public accounting and consulting firms in the U.S.

Crowe Horwath LLP (http://www.crowehorwath.com) is one of the top public accounting and consulting firms in the United States. Under its core purpose of "Building Value with Values[R]," Crowe assists clients in reaching their goals through audit, tax, risk and consulting services. Crowe professionals provide public and private company clients with thought leadership in many sectors, including financial and diversified financial services, health care, government, private, equity-sponsored, inventory-based, retail, not-for-profit, higher education and food and commodities. With more than 20 offices and more than 2,500 personnel, Crowe is recognized by many organizations as one of the country's best places to work. Crowe serves clients worldwide as a leading independent member of Horwath International.

Grobstein, Horwath & Co. is a full service tax, auditing and consulting firm with offices in Los Angeles and Orange counties. Grobstein professionals provide public and private company clients with thought leadership in many sectors, with special expertise in serving clients operating in The People's Republic of China and for those in the insolvency community in all capacities. As a member of Horwath International, Grobstein belongs to one of the largest international networks in the world. Grobstein was recently recognized as one of the San Fernando Valley's best places to work.