Kellogg & Andelson Acquires Pomerantz

Kellogg & Andelson Accountancy Corp. has acquired Irwin Pomerantz & Associates, a firm based in Beverly Hills, Calif.

Pomerantz founded the firm in 1962 after another firm he had been working with on and off since 1948, David Belinkoff & Co., disbanded. The Pomerantz acquisition is Kellogg & Andelson’s second since the beginning of the year. Last month, K&A acquired Barry Ira Goldstein & Co., another Beverly Hills firm (see Kellog & Andelson Acquires Barry Ira Goldstein & Co.). Pomerantz is the ninth firm K&A has acquired since 2007.

“We are anticipating a very exciting busy season this year with the addition of Mr. Pomerantz’s clients and are glad to welcome Mr. Pomerantz to Kellogg & Andelson,” said K&A president and CEO Christian Payne in a statement. “Mr. Pomerantz’s firm and ours are built on very similar business principles, so I am confident that his clients will feel right at home from the get go.”

Payne expects to make more acquisitions this year.

Pomerantz said he decided to sell his firm to K&A because he wanted to ensure that his clients would continue to receive excellent service. “After numerous discussions with its CEO, and meeting with other principals who had been acquired by K&A, I decided that Kellogg & Andelson best matched my personal future plans and offered the best opportunities for my clients,” he said.

Financial terms of the deal were not disclosed.

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