Herbein + Company Inc. acquires Braund Eiler & Vasko.
Details: Herbein + Company have approximately 150 employees in its offices throughout Pittsburgh, Greensburg, Reading, Camp Hill, Exton and Allentown, Pennsylvania.
BEV is a nine-person firm located in Allison Park, and all operations will remain in that Route 8 location which becomes Herbein’s seventh office. Herbein senior manager, David Cordier, who has been based in the Pittsburgh office since 2001, will lead the Allison Park office.
Thomas Bakaitus, Herbein’s partner and operating officer, calls the acquisition a win-win-win for Herbein, BEV and BEV’s client base.” Bakaitus states, “Both firms are known for servicing closely-held clients in manufacturing, distribution, professional services and other privately-owned enterprises. In fact, we have already worked together on one particular client, so we have seen how this will be beneficial. Herbein brings depth of knowledge and resources to the mix and the Allison Park office gives us the opportunity to be a part of the vibrant North Hills.”
BEV founding partner, Blair Eiler, has announced his retirement and states “BEV started as a traditional tax and accounting firm decades ago and thanks to our talented staff; it’s grown into the multi-dimensional firm it is today. Many of our clients have been with us for several decades, and while I’ll miss working with them personally, I know that Herbein is the right team to take our clients into the future. Herbein’s commitment to helping area businesses grow and individuals succeed was a key factor in our decision.”
The majority of BEV’s staff including former BEV partner Larry Vasko, CPA will remain with the firm. Vasko says, “We’re all looking forward to being part of a group with the experience and resources that Herbein brings to the table.” Herbein will continue to offer tax, audit and accounting services, business consulting and payroll services from the Allison Park office. “Our clients should find the transition to Herbein to be relatively seamless,” said Vasko.
Clifton Bodiford CPAs Adds Scott and Company CPAs
Details: Columbia, S.C.-based Clifton Bodiford CPA’s has merged its practice into Scott and Company LLC, and will operate under the Scott and Company brand. Former founder and Bodiford CPA firm principal Clif Bodiford and Dave Bodiford will join Scott and Company.
The leadership of both firms, each of which provides audit and assurance, tax and a range of consulting services to clients across the Southeast and internationally, voted unanimously to consummate the arrangement. Members of the Bodiford CPA firm’s Columbia office have combined into Scott and Company’s Columbia, S.C. office. Scott and Company also operates a Greenville office.
Bodiford CPAs was founded in Columbia in 1994 by Clif Bodiford, a veteran of EY and former Arthur Anderson and Company partner. In providing accounting, audit, tax and consulting services to South Carolina businesses, the firm developed a reputation for its expertise in serving banks, savings and loan associations, insurance companies and investment partnerships, along with small manufacturing and distribution business.