CONNECTICUT
McGladrey LLP Acquires Wealth Management Assets
Details: Top 100 Firm McGladrey LLP acquires substantially all the assets of Pacilio Wealth Management by McGladrey Wealth Management LLC. The transaction provides McGladrey with a wealth management presence and enhances the firm’s position as the leading provider of assurance, tax and consulting services focused on the middle market in Connecticut.
ILLINOIS
Kessler Orlean Silver and Ruzicka & Associates Merge
Details: Kessler Orlean Silver & Co. has agreed to merge in Ruzicka & Associates Ltd. of Northbrook, Ill. Ruzicka & Associates and its three principals have moved into the KOS offices in Deerfield, IL and operate under the KOS name.
Ruzicka & Associates provides a full range of accounting and tax services with a niche servicing not for profit clients. KOS has a long history of providing innovative accounting solutions to business owners, executives and managers, private investors and professionals. The merger will enhance KOS’s presence in the not-for-profit arena and provide Ruzicka’s clients access to a wider range of tax, accounting and business consulting capabilities.
In addition to expanding niche specialty areas for both firms, the merger also provides clients with additional depth of experience in core services such as audit, tax, accounting and business advisory services. The management teams of both firms will remain intact and will continue their management and leadership roles within the new firm.
NEW YORK
Merge of Equals with Two NY Firms
Details: Brody Weiss Zucarelli & Urbanek CPAs PC in Amherst, N.Y. and Arcara & Borczynski LLP in Buffalo, N.Y. has agreed to merge.
The combined firm will take on the name Arcara Zucarelli Lenda & Straka CPAs PC. The firm will have 12 CPAs and a total of 30 staff members.
David Arcara, will become one of four directors in charge of the combined organization. He will share leadership duties with his current partner, Diane Straka, as well as Jon Zucarelli and Donald Lenda.
"This is 100 percent a merger of equals," said Arcara, who was named partner at Arcara & Borczynski in 2008. "My goal is to create a more complete practice that has the ability to expand services. We're looking to have one well-rounded firm to attract staff and offer additional services to current and new clients."
TEXAS
Moss Adams Acquires CHR Solutions
Details: Moss Adams LLP has agreed to acquire the regulatory compliance and financial consulting portion of Houston-based telecommunications company CHR Solutions, Inc. The combination strengthens the resources and capabilities of Moss Adams in the telecommunications consulting sector and enhances the firm’s expertise in helping clients navigate the industry’s complex regulatory environment. The combination, which was approved by the leaders of both firms, is effective January 1, 2015.
The CHR consulting practice specializes in regulatory and financial consulting for telecommunications businesses operating in rural communities as well as competitive providers throughout the country. Consulting services include cost separations, revenue assurance, business continuity and disaster recovery, state and federal tariffs, merger and acquisition support, loan and grant applications assistance, and market analysis and feasibility studies.
In January all full-time members of CHR’s regulatory and financial consulting practice will officially begin working as part of Moss Adams from hubs in Austin and Dallas. The addition of these employees grows the Moss Adams Communications & Media Practice to more than 75 professionals providing services to clients in 45 states across the United States.
