ParenteBeard LLC bolsters its insurance consulting practice with the addition of team members from the consulting firm, Invotex.
Established in 2005, Invotex has offices focusing on the Baltimore, Washington, D.C. and Philadelphia marketplace.
“By combining the nationally recognized financial consulting capabilities of Invotex with the consulting, accounting and tax services of ParenteBeard, our clients will benefit from enhanced resources and a deeper range of skill sets in litigation and transactional work,” said Raymond Peroutka, Invotex’s former managing director and CEO. “When the opportunity presented itself to join with the more expansive firm of ParenteBeard, we were delighted.”
ParenteBeard gained 26 new employees from the recent collaboration, which includes four partners. The addition expands ParenteBeard’s offices to include Pennsylvania, New Jersey, New York, Delaware, Connecticut, Texas and Maryland. Invotex also enhances ParenteBeard’s forensic, litigation and valuation consulting services which will now include bankruptcy and liquidations.
Daniels, Uselton & Clay PC and Collinsworth, Bright & Co. have signed a merger agreement. The accounting firms have changed their names to Uselton, Clay & Bright PC.
The Kingston branch of UC&B will primarily serve small to medium size enterprises, not-for-profits, local governments, and growth-oriented individuals in East Tennessee. The Nashville office will continue to focus on providing consulting services to for artists, record executives, recording studios, publishing companies, writers and musicians, in addition to traditional accounting services for small businesses, banks, and non-profits.