CALIFORNIA
Burr Pilger Mayer to buy CBIZ's San Jose unit
Details: San Francisco-based Top 100 Firm Burr Pilger Mayer Inc. has reached an agreement in principle to acquire the San Jose accounting and tax operations of CBIZ Inc., subject to the successful completion of due diligence, legal documentation and corporate approvals by publicly traded CBIZ. Financial terms of the deal were not disclosed.
The acquisition will help BPM strengthen its presence in the South Bay area, where it already has offices in San Jose and Palo Alto. Headquartered in San Francisco, BPM provides services in the areas of assurance, corporate and international tax, individual tax, business consulting and wealth management.
Mike Spence will serve as the partner-in-charge of the BPM San Jose office. CBIZ's San Jose accounting and tax staff will move into BPM's San Jose office. CBIZ will maintain its San Jose office for other services.
CANADA
MNP merges in two firms
Details: Large Canadian accounting firm Meyers Norris Penny, which recently rebranded itself MNP, has acquired an accounting firm and, separately, an insolvency firm, both in Toronto. Financial terms were not disclosed for either deal.
The accounting firm, Retford Lane Bates, focuses on credit unions, as well as private companies and nonprofits, and brings two partners and a total of eight members to MNP. The Retford Lane Bates team will be moving into MNP's Markham, Ont., office.
The insolvency firm, Herpers Chagani Gowling, or 310 DEBT, as it is also known, provides services in debt re-organization, reduction and elimination, credit counseling and direct creditor negotiations. The firm has four regional offices in Ontario, in Hamilton, Kitchener, Mississauga and London, as well as 20 satellite offices. The merger will add 35 members to the MNP team, including four trustees in bankruptcy: Alex Herpers, Mahmood Chagani, David Gowling and Melanie Fuller.
COLORADO
RubinBrown merges in Bondi & Co.
Details: Top 100 Firm RubinBrown has combined with Denver-based Bondi & Co. Financial terms were not disclosed. The consolidated firm will do business under the RubinBrown brand, with a staff of more than 400 and offices in St. Louis, Denver and Kansas City, Mo.
According to RubinBrown chair James Castellano, the firm had been looking to bolster its presence in Denver since it initially entered that market in mid-2010. Bondi's current offices, in Englewood and Denver, will combine in mid-September with RubinBrown's, and RubinBrown partner Gregory Osborn will continue to serve as managing partner of the Denver unit. Bondi partners Evelyn Law, Julia Stone and Cheryl Wallace have all been named partners with RubinBrown.
MASSACHUSETTS
LarsonAllen merges in Raymon Pielech Zexter
Details: Massachusetts accounting firm Raymon Pielech Zexter PC has joined Minneapolis-based Top 100 Firm LarsonAllen. The addition of RPZ's New Bedford-based practice to LarsonAllen's existing Boston operations, including RPZ's 25 employees (nine of whom are CPAs), expands the firm's presence in Massachusetts and places it among the top 20 CPA firms in the state.
RPZ managing shareholder Jeff Raymon said that career growth opportunities for his employees within a national firm were among the deciding factors in electing to join with LarsonAllen.
NEW JERSEY
Friedman adds partners from Tracey Heun Brennan
Details: Top 100 Firm Friedman LLP announced that the former partners of Tracey Heun Brennan & Co. of Linwood and Toms River, N.J., have joined its practice, adding four practice leaders and two new offices. Those joining Friedman include four CPAs: Douglas Heun, Debra Parker and David Waddington, who are joining as partners, and Audrey J. Sherrick, who will be a principal at the firm. Financial terms were not disclosed.
