LBMC Acquires Torrillo & Associates to Bolster Employee Benefit Plan Audits
Event summary
- LBMC has acquired Torrillo & Associates, a Pennsylvania-based firm specializing in employee benefit plan audits, effective January 1, 2026.
- The acquisition adds a specialized team with expertise in 401(k), 403(b), and pension plan audits.
- LBMC now operates a Pennsylvania office, expanding its geographic footprint and national growth strategy.
- LBMC has over 1,000 professionals serving 11,000 clients across healthcare, manufacturing, real estate, and technology.
The big picture
LBMC’s acquisition of Torrillo & Associates aligns with its strategy to build a scalable, national platform with deep advisory and assurance capabilities. The move comes as middle-market organizations face growing regulatory and operational complexity, particularly in employee benefit plan audits. LBMC’s investment in specialized expertise and technology positions it to support clients navigating compliance and growth.
What we're watching
- Geographic Expansion
- How LBMC’s entry into Pennsylvania will impact its ability to compete with national firms in the middle-market accounting space.
- Regulatory Complexity
- Whether the acquisition will enhance LBMC’s capacity to handle increasing regulatory oversight in employee benefit plans.
- Integration Success
- The pace at which Torrillo & Associates’ team and client base are fully integrated into LBMC’s operations.
Related topics