M&A Roundup: March 6, 2015

CONNECTICUT

Beers, Hamerman and Cohen, Burger, Schwartz & Sax merge

Details: Beers, Hamerman & Co. of New Haven, and Cohen, Burger, Schwartz & Sax of Fairfield, have merged to become Beers, Hamerman, Cohen & Burger.

The merger optimizes what David Migani, Managing Partner of Beers, Hamerman, calls the “service synergy” of both firms. The new firm offers a comprehensive list of services to individuals, small businesses and large corporations, including: A full range of accounting, audit and assurance services, Tax preparation and planning, Business advising, Business valuations, Litigation support and forensic accounting, Estate and trust services.

The expanded firm serves clients throughout Connecticut and New York. While the scope of services and the geographic reach may be expanding, both firms ensure the same personal relationship and responsiveness to their clients.

The firm will maintain offices at 234 Church Street in New Haven, and at 2228 Black Rock Turnpike in Fairfield.

VIRGINA

PBMares to merge with TMDG

Details: Henrico County-based PBMares LLP, one of the largest Virginia-based accounting firms, is merging with TMDG LLC, an accounting firm from Baltimore.

TMDG will become a subsidiary of PBMares, which will retain Alan S. Witt as its CEO. TMDG will continue to be run by Matt Dubnansky, the company's managing director.

Both companies are members of the McGladrey Alliance, a group of accounting firms that share technical, marketing and management services with one another and McGladrey. McGladrey is an accounting and consulting company with 8,000 employees in the U.S. and offices in more than 100 companies.

The combined company will have about 220 full-time employees, Aldrich said, with that number growing to about 250 people during tax preparation season.

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