Ham, Langston & Brezina, L.L.P. Company Profile

Background

Ham, Langston & Brezina, L.L.P. (HLB) is a certified public accounting (CPA) and business advisory firm headquartered in Houston, Texas, with an additional office in Galveston. Established in 1995 by partners with backgrounds in "Big Four" accounting firms, HLB aims to deliver high-quality, personalized services to clients in the Southeast Texas market. The firm's mission is to provide superior client service through a hands-on approach, combining extensive experience with a commitment to integrity and professionalism.

Key Strategic Focus

HLB specializes in a comprehensive range of services, including accounting assistance, audits and reviews of financial statements, tax compliance and planning, business advisory services, and business succession or exit planning. The firm primarily serves middle-market companies, offering tailored solutions that address the unique challenges faced by this segment. By leveraging the extensive experience of its partners and staff, HLB focuses on delivering value-driven services that support clients' financial and operational objectives.

Financials and Funding

As of recent estimates, HLB generates annual revenues of approximately $5 million and employs around 90 professionals. The firm has raised a total of $1 million in funding over one round. This financial foundation enables HLB to invest in talent development, technological advancements, and service expansion to better meet client needs.

Leadership Team

HLB's leadership comprises seasoned professionals with extensive experience in the accounting and business advisory sectors:

Robert P. Brezina, Managing Partner

T. Mark Rush, CPA/Partner

Their collective expertise and leadership have been instrumental in shaping the firm's strategic direction and fostering a culture of excellence.

Competitor Profile

Market Insights and Dynamics

The accounting services industry is characterized by a competitive landscape with numerous firms offering a variety of services. Key factors influencing the market include technological advancements, regulatory changes, and evolving client expectations. Firms that can adapt to these dynamics by offering innovative solutions and personalized services are better positioned to succeed.

Competitor Analysis

HLB operates in a competitive market alongside several notable firms:

Stevens & Matthews: Employs 23 professionals with annual revenues of $4.8 million.

Zinner & Co.: Comprises 29 employees and generates $3.9 million in annual revenue.

Froehling Anderson: Has a team of 67 and annual revenues of $11 million.

OUM & Co.: Employs 99 individuals with annual revenues of $18.6 million.

Abrams Foster Nole & Williams: Consists of 27 employees and $5 million in annual revenue.

These competitors offer similar services, making differentiation through personalized client service and specialized expertise crucial for HLB's market positioning.

Strategic Collaborations and Partnerships

HLB has established significant relationships with nonprofit organizations, providing tax accounting and audit services to clients such as the Sealy and Smith Foundation, UTMB Healthcare Systems, and Space Center Houston. These collaborations underscore the firm's commitment to serving the nonprofit sector and enhancing its market presence.

Operational Insights

HLB's strategic approach focuses on delivering "Big Firm Experience, Small Firm Feel," combining the expertise of a large firm with the personalized service of a smaller practice. This strategy differentiates HLB from competitors by emphasizing close client relationships, responsiveness, and tailored solutions. The firm's commitment to quality service at reasonable fees has contributed to its growth and reputation in the industry.

Strategic Opportunities and Future Directions

Looking ahead, HLB aims to expand its service offerings and client base by leveraging its existing strengths and exploring new market opportunities. Investing in technology and talent development will be key to enhancing service delivery and maintaining a competitive edge. Additionally, strengthening strategic partnerships and exploring new collaborations will support the firm's growth objectives and reinforce its position in the market.