Top 100 accounting and business consulting firm Armanino announced that Silicon Valley professional services firm The Brenner Group will become an Armanino company, effective Sept. 1.
The Brenner Group, which will continue to operate as a separate entity and not lose any staff in the transaction, has a specialty in interim financial management, including interim CFO and controller services and valuation and financial advisory services. The company’s primary expertise is in venture-backed technology companies.
Under this agreement, The Brenner Group’s valuation team will integrate with Armanino’s valuation and equity solutions practice to provide an end-to-end equity compensation portfolio of services for valuation engagements. The portfolio will also include equity compensation administration, outsourcing, accounting and software solutions.
"We are very excited by the synergistic opportunities this agreement creates,” stated Armanino managing partner Andy Armanino. “The Brenner Group's experience in providing companies with hands-on financial leadership is a perfect match to Armanino's full spectrum of accounting, consulting and technology solutions. By coming together, we're able to provide more innovative solutions for our clients, which is something we all take pride in and value."
The Brenner Group will also integrate Armanino’s executive search team to bolster its interim management practice by providing permanent and temporary placement services for various leadership positions.
"Armanino gives us the ability to expand and provide more solutions to our clients including outsourced bookkeeping, tax, international expertise and technology implementations around ERP, CRM, budget and forecasting, business reporting and analytics, and other 'best of breed' cloud solutions for the finance organization," stated The Brenner Group CEO Rich Brenner. "Together we are able to assist a variety of companies from venture capital-backed start ups to established businesses."
The transaction is scheduled to close Sept. 1, 2015 and is subject to customary closing conditions.
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