Glendale, Calif. (March 9, 2004) -- Hutchinson & Bloodgood, a $13.66 million firm based here, has expanded its footprint in California with the merger of Santa Cruz-based Codiga & Elward Inc. into its fold.
The deal added one office, one partner and two employees to the firm, giving Hutchinson & Bloodgood a total of five offices and roughly 100 employees, including 17 partners, and a combined revenue of about $14.1 million, according to managing partner Michael W. Machado. Christopher M. Codiga joined the firm as a partner.
Codiga & Elward was established in January 1997 by the combination of two local accounting practices, Christopher M. Codiga, CPA and Kenneth W. Elward, CPA.
Hutchinson & Bloodgood specializes in serving the community banking, legal, and agricultural industries.
Machado said the firm would look for other mergers that make sense with its business model. In 2001, H&B brought in the San Diego practice of Logan & Throop.
-- Melissa Klein
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