CALIFORNIA: BPM merges in Warnick, Maestas & Maroney
BPM, a Top 50 Firm based in San Francisco, is adding Warnick, Maestas & Maroney, a firm in Irvine, California, effective Aug. 1, 2020.
WMM offers tax consulting and compliance services, estate and succession planning, financial statement services, mergers and acquisitions assistance and other high-quality professional accounting services. The merger will add a new Southern California office to BPM, formerly known as Burr Pilger Mayer. The firm also recently hired a new COO, Scharrell Jackson, who works in Orange County where WMM is located.
“Our continued geographic growth, along with the expansion of our world-class corporate services team, reinforces our innovation strategy to become the Firm of the Future,” wrote BPM CEO James K. Wallace in an email to clients Thursday. “I hope you are as excited as we are about these advancements, as we continue to look for opportunities to enhance our capabilities and deliver maximum impact on your success.”
Financial terms of the deal were not disclosed. BPM ranked 46th on Accounting Today
’s 2020 list of the Top 100 Firms, with $117 million in annual revenue. BPM has 52 partners and about 600 staff members, while WMM has three partners and eight staff members.
Last September, BPM merged in Adhere
, a cybersecurity firm in Fairfield, California. In August, BPM merged in CPA Consulting
, a firm based in Bellevue, Washington, and in January added Croce & Company,
a firm in Stockton, California. In 2018, BPM expanded into Southern California by combining with Kramer & Olsen Accountancy Corporation
, a firm based in Orange County. It also added Options4Growth’s HR consulting practice last year in Walnut Creek, California.