Jefferson Wells has acquired the Gelber Organization to build its state and local tax services.
Gelber, a tax-consulting firm, will retain its office in Edison, N.J. All 15 employees, including president Arthur Gelber, are expected to remain with the firm. Financial terms of the deal were not disclosed. Milwaukee-based Jefferson Wells completed the acquisition on Aug. 27.
"Jefferson Wells is in a unique position to enhance our clients' tax functions with the Gelber Organization's deep expertise and talent, extending our services and expanding our ability to meet the growing client demand for state and local tax consulting," said Jefferson Wells president and COO Michael Touhey in a statement.
Gelber's services, including sales and use tax recovery, state income tax controversy, and audit defense will be featured in Jefferson Wells' new State and Local Tax Center of Expertise, led by Myron Vansickel, currently tax director of the firm's capital region office. This will be the firm's third Tax Center of Expertise, complementing two other centers focused on transfer pricing and tax accounting automation.
Jefferson Wells' revenue last year amounted to $332 million. The firm, a subsidiary of Manpower Inc., has approximately 2,100 employees. The Gelber Organization does not disclose its revenue.
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