BlumShapiro has merged in accounting, tax and business consulting firm Needel, Welch & Stone, expanding the firm’s presence in Massachusetts.
The merger took effect on Jan. 1. BlumShapiro has offices in West Hartford, Shelton and Westport, Conn.
BlumShapiro specializes in servicing middle-market companies, nonprofit organizations and government entities, with groups dedicated to serving the government, manufacturing, distribution, retail, construction, nonprofit, education, automotive, employee benefits, long-term care and medical/dental industries. The firm ranked 67th on Accounting Today’s 2010 list of the Top 100 Firms, with $45 million in revenue. The merger is expected to increase BlumShapiro's revenue by nearly 8 percent, according to chief marketing officer Thomas DeVitto.
Since 1964, Rockland, Mass.-based NWS has been advising privately owned businesses, nonprofit organizations and individuals, offering audit, accounting, tax and business advisory services to clients in and around the Boston area, the South Shore and Cape Cod.
“This new alliance benefits and brings value to the client base of both companies through our expertise and combined knowledge in accounting, tax and business consulting,” said BlumShapiro managing partner Carl Johnson in a statement. “Both firms share the culture of personalized service that our clients have come to expect from us, as well as a commitment to the communities in which we live and work. That culture and commitment will be maintained and strengthened with this merger.”
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