Two upstate New York firms, EFP Rotenberg and Toski & Co., have agreed to combine.

Under the terms of the agreement, Buffalo-based Toski & Co. will retain its name, but will be identified as an EGP Rotenberg company. Ronald C. Toski will continue to serve as managing director of his firm, but will also become a partner in Rochester-based EFP Rotenberg.

“This alliance enables us to bring together a level of expertise that is typically associated with national firms, while maintaining our philosophy of personal attention and excellent service,” Toski said in a statement Friday. “This will be of great benefit to the firm and the clients we serve.”

The combined firm will have over $31 million in annual revenue, and 11 offices, mostly in New York State, but also in Los Angeles. The combination will include 33 partners, nine directors and more than 250 professionals. The firm plans to hire additional staff to meet its existing business demands and anticipated growth.

“This initiative demonstrates our unwavering commitment to delivering superior customer service,” said EFP Rotenberg chairman Robert N. Porretti. “In expanding our reach and capabilities, we will be able to better serve our valued clients, from minimizing tax exposure and conducting audits, to ensuring regulatory compliance and handling complex financial requirements.”

EFP Rotenberg specializes in taxation, SEC auditing, health care, business valuation, and forensic accounting services. Toski & Co. targets the government, nonprofit and real estate sectors. The two firms service a wide range of clients, including an extensive number of privately held and family-owned businesses.

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