Simpson Thacher is representing Flexpoint Ford, LLC, in connection with a strategic growth investment in the non-attest business of Elliott Davis, LLC (“Elliott Davis”), a top 50 U.S. accounting and advisory firm. The partnership is expected to accelerate Elliott Davis’ growth, expand its service offerings and geographic reach, and enhance its ability to attract and retain top talent.
Elliot Davis was founded in 1920 and is headquartered in Greenville, S.C. With a team of over 800 professionals across major U.S. markets and global alliance resources, the firm delivers tailored solutions to diverse businesses, organizations, and individuals.
Following the closing of the transaction, Elliott Davis will operate in an alternative practice structure. Attest services will continue to be provided by Elliott Davis, LLC, a licensed CPA firm. Business advisory and non-attest services will be delivered by Elliott Davis Advisory, LLC, which will operate as a separate entity and will not be a licensed CPA firm.
The Simpson Thacher team includes Ben Schaye, Louis Argentieri, Jack Parsons and Minha Lee (M&A); Andrew Purcell, Andrew Mandelbaum and Mohanad Salaimi (Tax); Larry Moss, Harry Hudesman, Guanxiong Xu and Claire Kamau (Executive Compensation & Employee Benefits); Benjamin S. Persina and Cem Islikci (Banking and Credit); Caroline Geiger and Christine Song (IP); Karen Kazmerzak, Kelly Karapetyan and Allison Davido (Antitrust) and Daniel S. Levien (Regulatory).