Daszkal Bolton Merges in Chaves & Armstrong

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South Florida accounting firms Daszkal Bolton and Chaves & Armstrong are combining to build a larger multinational tax and SEC accounting practice.

The merger, set to take effect Dec. 1, will bring partners Mark Chaves and Craig Armstrong to Daszkal Bolton as principals. They and the rest of their staff will relocate from Chaves & Armstrong’s offices in Miami to Daszkal Bolton’s Sunrise, Fla., offices. Chaves & Armstrong has two partners and six staff members, and Daszkal Bolton will grow to 105 professionals after the merger. The combined firm will have $20 million in revenue, according to director of marketing and business development Brian Swanson. The two firms were in talks for about three months on the deal.

“Mark Chaves and Craig Armstrong’s strong technical accounting and complex tax experience will serve as key contributors to our continued expansion in the South Florida marketplace,” said Daszkal Bolton managing partner Michael Daszkal in a statement.

Chaves & Armstrong specializes in regulatory compliance, international and domestic tax planning, transaction support and tax-outsourcing services. Daszkal Bolton has over 100 staff members, and provides audit, tax and consulting services to privately held and SEC-registered midsized companies. In addition to its office in Sunrise, the firm also has offices in Boca Raton and Jupiter, Fla.

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