M&A Roundup: Oct. 10, 2014

 

MASSACHUSETTS

Johnson O’Connor Feron & Carucci LLP and Hartnett & Company have merged.

Details: Johnson O’Connor Feron & Carucci LLP of Wakefield, Mass, and Hartnett & Company of Winchester, Mass., agreed to merge.

The combined firm will operate under the Johnson O’Connor Feron & Carucci LLP name and operate out of a new office in Wakefield at 101 Edgewater Place.

Michael Hartnett, owner of Hartnett & Company, will become a partner at JOFC. All staff of the two firms will be retained and the newly merged firm will employ 40 individuals.

The merger provides additional resources and expertise to allow JOFC to better serve its core client base of middle-market, owner-managed, family run, and entrepreneurial-backed entities throughout greater Boston.

JOFC's specific expertise extends to industries including real estate, professional services, high technology, construction, healthcare and medical/dental, retail, and manufacturing. In addition, the Firm has dedicated service teams for employee benefit plan audits and third-party administration of retirement plans.

NEW YORK

CondeBoyce LLP Establishes Strong Presence in New York

Details: The newly formed CondeBoyce, LLP has now acquired the tax and accounting practice of Louis M. Ambrico, CPA PC., the diversified practice started more than forty years ago by Louis Ambrico, CPA. This acquisition positions CondeBoyce, LLP as one of the leading full-service accounting firms in the New York metropolitan area.

The two principals of the firm, Joseph G. Boyce and Mario Conde, combined their more than fifty years of experience and expertise earlier this year under the CondeBoyce name. Since then, the two men have been featured in numerous industry publications, including Accounting Today, Smart CEO, CPA Practice Advisor and Long Island Business News. Joseph Boyce, CPA, is a frequent contributor to LearnVest.com and specializes in CFO outsource services for hedge funds and high net worth individuals.

Mario Conde, CPA, specializes in startup firms as well as tax planning, preparation and consulting for small to medium sized privately held businesses. He also performs due diligence services on business acquisitions and advises individual clients on tax and personal financial matters.

After being interviewed by Smart CEO Magazine for an article on mergers and acquisitions, Mario Conde was chosen to participate in the magazine’s roundtable discussion on the same topic along with eight other New York CEOs later this month at the New York Times Building in New York City. The discussion will be recorded for an audio podcast and for a feature article in Smart CEO in January, 2015.

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