Two Western New York CPA firms have reached an agreement to merge, with Top 100 Firm Bonadio Group having finalized an arrangement to merge in Bevilacqua & Co. The deal is set to close on Nov. 1, 2014.
The merger will add seven employees, including two partners, for a total of 135 Bonadio employees in Western New York, and about 500 across the firm. The new Bonadio partners are John Bevilacqua and Susan Bevilacqua.
“We are very much looking forward to welcoming the people, clients and friends of Bevilacqua & Co. to our firm,” said Tom Bonadio, CEO and managing partner of The Bonadio Group. “John and Susan are superb additions to our partnership, and the team they’ve assembled is top-notch. The result of this merger will help both Bevilacqua’s people and clients realize greater potential.”
“Of all the growth choices for our firm, merging with Bonadio makes sense on so many levels,” said John Bevilacqua, principal of Bevilacqua & Co. “We look forward to opening the door to so many more value-added services for our clients and advancement opportunities for our people.”
Principal Susan Bevilacqua added, “Lifting the many administrative burdens from John and me will free us to do the client work that we love. We’re confident that our firm cultures will mesh, even though we’re going to a much larger firm. We see that as a positive move for everyone."
