Accounting firms Blum, Shapiro & Co., and Nishball, Carp, Niedermeier, Pacowta & Co., have merged, building Blum's presence in Connecticut.
West Hartford-based Blum will add Nishball's offices in Shelton, along with seven principals and 23 staff members, increasing the total staff to over 300. Nishball will also add $5 million in annual revenue, bringing the combined firm's overall revenue to $50 million. Blum Shapiro ranked 83rd on Accounting Today's 2008 list of the Top 100 Firms.
NCNP managing principal Michael Niedermeier (pictured) will become partner-in-charge of Blum Shapiro's Southern Connecticut offices. Also joining Blum Shapiro will be partners Christopher Gallo, Stanley Carp, Michael Jodon, Thomas Walsh, Jane Sabatini and principal William Holden.
"We continue to look at firms that complement our business strategy," said Blum Shapiro chief marketing officer Tom Devitto. "We had discussions over the past several months and consummated the deal on the first of January."
He said the merger would allow the firm to expand in New Haven County and Fairfield County. The combined entity will have offices in West Hartford, Shelton and Southport, Conn., and in New York, but Devitto said the firm may consolidate some offices to save on administrative costs.
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