Strothman and Company

Name

Strothman and Company

Legal name

LBMC PC

Website

https://strothman.com

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Louisville

HQ country

United States

HQ region

North America

Offices9 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations

Revenue model

1. Professional Services - Tax: Tax services including federal business tax, state & local tax, credits & incentives, research and development credits, individual tax, and international tax
2. Professional Services - Audit & Assurance: Audit and assurance services including financial statement audits, employee benefit plan audits, internal audits, ISO certification, lease accounting, SOX compliance, and SOC audits
3. Professional Services - Advisory & Business Consulting: Advisory services including business valuation, client advisory and accounting, healthcare consulting, litigation support & forensic services, transaction advisory, and data/AI services
4. Cybersecurity Services: Cybersecurity services including IT security compliance, cloud security, CMMC, HITRUST, ISO certifications, privacy regulations, SOC audits, security risk management, and technical security services
5. Technology Solutions: Technology services including ERP accounting software (Microsoft Dynamics, Sage Intacct), CRM solutions, managed IT services, and software development
6. HR & Payroll Services: Human resources and payroll services through Employment Partners
7. Staffing & Recruiting Services: Staffing solutions including employment search for candidates and finding employees for employers
8. Wealth & Investment Advisory: Wealth management and investment advisory services
9. Procurement Services: Procurement services including group purchasing organization (GPO)

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Strothman and Company is a private accounting firm providing accounting and taxation solutions. Headquartered in Louisville, Kentucky, the firm operates with 101-250 employees serving clients in the United States since its founding in 1983.

Differentiator

Problem solved

Functional benefit

Brands

• LBMC Technology: Technology solutions including ERP, CRM, managed IT services, and software development
• Employment Partners
• W Squared
• Physician Business Solutions
• LBMC Investment Advisors
• AIFlow

Products and services

• Accounting Services
• Taxation Solutions

Named customers2 records

Segments8 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Premier Inc.minorChannel Partner/ Reseller/ DistributorLBMC partners with Premier Inc. as a group purchasing organization (GPO) member, offering procurement services through Premier's GPO network.

Scale indicators5 records

Direct peers

• Mountjoy Chilton Medley LLP: Louisville-based full-service accounting and advisory firm serving middle-market and privately-held companies in Kentucky and the surrounding region; directly comparable to Strothman in size, geography, and service mix.
• Dean Dorton Allen Ford PLLC: Louisville-based accounting and business advisory firm with tax, audit, and consulting practices serving Kentucky-based mid-market companies; offers the most direct competition to Strothman's local client base.

Broad incumbents

• FORVIS (formerly BKD): Top-10 national accounting and advisory firm with a strong Kentucky presence and broad tax, audit, and consulting capabilities; competes with Strothman for mid-market and large-company engagements across the region.
• Carr Riggs & Ingram: Large regional accounting firm delivering tax, audit, and advisory services to middle-market businesses and high-net-worth individuals; overlaps with Strothman's core service lines and client profile.
• Cherry Bekaert LLP: Top-25 U.S. accounting and advisory firm with tax, audit, and consulting practices targeting middle-market companies; competes with Strothman for the same upper-middle-market and private-company segments.
• Plante Moran: Large U.S. accounting, tax, and consulting firm serving middle-market companies with advisory and audit services; comparable in terms of service breadth and target customer profile.
• Wipfli LLP: Top-25 U.S. accounting and consulting firm with tax, audit, technology, and advisory services; overlaps with Strothman in core traditional services and middle-market client focus.
• Crowe LLP: Top-10 U.S. accounting, tax, and advisory firm with significant Kentucky/Midwest presence; offers the same suite of traditional accounting services as Strothman, scaled nationally.
• BDO USA: Top-10 global accounting network providing audit, tax, and advisory services to middle-market companies; competes for the same private-company and PE-backed engagements that anchor Strothman's book.

Others

• LBMC: Southeast-based full-service accounting, tax, and advisory firm headquartered in Tennessee; shares overlapping services and target segments with Strothman and is included given the dense overlap of operational characteristics visible in the source data.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks4 records

Key highlights5 records

Customer concentration

• Xx.com/strothmanandco
• YouTubeyoutube.com/c/Lbmcpc
• Facebookfacebook.com/strothmanandco
• LinkedInlinkedin.com/company/123470
• Instagraminstagram.com/lbmc_pc

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Strothman and Company