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
“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.