SMART Business Advisory and Consulting

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SMART Business Advisory and Consulting, LLC
Type Consulting
Founded 1988
Headquarters Devon, PA, USA
No. of locations 14, Worldwide
Area served Worldwide
Key people James J. Smart, CEO
Industry Professional Services
Services Accounting Services, Attest Services, Advisory Business Services, Business Consulting, Compensation and Benefits, Tax Services, Transaction Advisory Services
Employees 600
Website SMART Business Advisory and Consulting, LLC


SMART Business Advisory and Consulting, LLC is a full-service business advisory and consulting company serving clients throughout the U.S. and globally. SMART has locations in the metropolitan areas of Atlanta, Baltimore, Chicago, New York, Philadelphia, Washington DC, and internationally in Amsterdam and London.

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[edit] History

SMART was founded by Jim Smart in 1988 and was primarily a tax and audit firm. Since then, SMART has evolved into a company offering a full range of business advisory and consulting services and has been aggressively growing its geographic presence and skill set through selected acquisitions and critical hires.

Major developments include:

  • May 1993: First major tax outsourcing engagement
  • June 1997: First major consulting engagement
  • October 2001: Opened Chicago office
  • July 2002: Hired 55 former Arthur Andersen consultants
  • September 2002: Opened New York office
  • October 2002: Purchased Glen Ingram Chicago (22 people)
  • March 2003: Purchased Strategis Atlanta (21 people)
  • May 2003: Purchased Grabush, Newman & Co. Baltimore (50 people)
  • 2005: Opened Amsterdam office
  • February 2006: Purchased KPMG Compensation & Benefits Practice [1]
  • September 2006: Opened London office
  • May 2007: Great Hill Partners, LLC infuses SMART with a $60 million investment [2]

[edit] Types of Clients

  • Large domestic and multi-national companies
  • Middle-market companies
  • Closely-held and family-owned businesses
  • Start-ups of all sizes
  • High net worth individuals

[edit] Industry Experience

  • Financial Services
  • Government
  • Healthcare
  • Higher Education
  • Insurance/Reinsurance
  • Life Sciences – Biotech/ Pharmaceutical
  • Manufacturing and Distribution
  • Real Estate

[edit] Investors

Great Hill Partners LLC, based in Boston, has invested $60 million into SMART in May of 2007. Great Hill Partners, LLC is a private equity firm that manages over $1.5 billion in capital and focuses on investing in growth companies operating in the business and consumer services, media, transaction processing and software industries. Great Hill Equity Partners III, L.P. targets investments of $25 million to $100 million.

[edit] Notable Staff

  • James J. Smart - Named one of the most influential people in the accounting industry[citation needed]
  • Terence Montgomery
  • Joseph L. Lansizera
  • Howard Stecker

[edit] References