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.
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
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access