Loscalzo Associates, a provider of live CPE programs to the accounting profession, has acquired Nichols Patrick CPE, a continuing education provider specializing in tax training.

Terms of the transaction were not released. Nichols Patrick CPE will continue to operate out of suburban Youngstown.

“This is an exciting development for both companies,” said Loscalzo Associates director Stacey Painter in a statement.  “It is the perfect combination, as our businesses are highly complementary, creating synergies and making us a stronger provider with expanded CPE offerings.”

“Both companies share the same core philosophy regarding client service and delivery of exceptional training,” said Nichols Patrick CEO Mark Patrick in a statement.  “We are committed to maintaining the quality of service to our clients as we have provided over the last 25 years.”

The two companies’ clients include state CPA societies and associations, regional and small public accounting firms, large and small businesses, and individual CPAs throughout the United States.

Loscalzo Associates is a subsidiary of Kaplan Professional Education division.

For more information, go to www.loscalzo.com.

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