Lear & Pannepacker, LLP has merged in the firm of Jay Lesser CPA, PC, in Plainsboro, N.J.
Jay Lesser will be joining L&P with his longtime associate Lisa Johnson. They specialize in tax compliance and planning services. They will be bringing approximately 900 longstanding clients, according to L&P partner Steve Sciortino.
The two firms connected through the NJSCPA Member Open Forum, where Lesser posted that “he was looking for succession plan suggestions and that spending 70 hours a week, seven days a week, was getting to be too much.”
The two firms share similar cultures. L&P was founded in 1984 in downtown Princeton, N.J., and Lesser’s firm in nearby Plainsboro dates back more than 30 years.
The merger is L&P’s sixth combination in recent years. “We have become the succession plan for firms that previously did not have a succession plan,” managing partner Eric Lear said in a statement. “We offer a flexible environment for our new principals and provide the high-quality service to which clients have become accustomed. We also offer a suite of complementary services that allow us to expand the existing offerings. Likewise, our team benefits from the capability and knowledge of Jay as an experienced entrepreneur and business advisor.”
Over the past 10 years, Lear & Pannepacker has merged in the practices of Joanne Linda Waxman, PA, Hanlon, Buxton & Associates, LLP, Vizzini & Marcucci, LLC and Semmel Management Consultants, Inc.
“We’ve had great success with transitioning clients and principals into our practice, while minimizing change and continuing to meet the client’s expectations and prior level of service, and are confident that Jay’s clients will have the same positive experience with our firm” said L&P partner Scot Pannepacker.
