Gilman Ciocia has acquired Edward W. Halleran Accounting & Tax Service.
Halleran, who is an enrolled agent, and his two staff members plan to move from the firm's office in Carle Place, N.Y., to Greenvale. Financial details of the acquisition were not disclosed.
"We are pleased to have acquired this highly respected and renowned accounting firm on Long Island," said Michael Ryan, president and CEO of Gilman Ciocia, in a statement. "This new alliance will only benefit and bring value to both of our client bases in the region through our mutual knowledge and expertise in the accounting, tax planning and financial planning services that we offer."
Gilman, which earned $53.05 million in revenue in 2007, is strategically acquiring accounting firms in all of its regional areas. It acquired Pittman Consulting Service in Fort Myers Beach, Fla., and Madison CPA in Ft. Lauderdale in the past month. The firm also operates in New Jersey, Connecticut and Pennsylvania.
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