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


Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access