Armanino and Berger Lewis merge
Details: Top 100 Firm Armanino LLP is in the process of adding Berger Lewis Accountancy Corp. to its firm. The merger, which is subject to customary closing conditions, is expected to close by Jan. 1, 2015. The new addition will bolster Armanino's nonprofit and middle-market tax practice footprint throughout Silicon Valley. All of Berger Lewis' partners, professionals, and administrative staff will join Armanino's team.
Baker Tilly and ParenteBeard to merge
Details: Top 100 Firms Baker Tilly Virchow Krause LLP and ParenteBeard LLC have agreed to merge.
The newly combined firm will take on the name Baker Tilly Virchow Krause LLP and will employ approximately 2,500 professionals across 29 cities in the U.S. The firm is expected to generate approximately $475 million in annual revenue.
"As independent members of Baker Tilly International, our two firms have worked collaboratively and successfully for many years and on many fronts," Baker Tilly chairman and CEO Timothy Christen said in a statement. "This merger is an opportunity for two successful, complementary firms to join forces and create even greater opportunities for our people while broadening our geographic footprint and deepening our industry and service specialization capabilities to better serve our clients."
The combined firm will give both entities an opportunity to expand and strengthen their presence in the Northeast Corridor with a physical presence in New York and Washington, D.C. The new addition will serve financial, manufacturing, real estate, technology, commercial and governmental clients, which will build out the Baker Tilly brand in its prominent markets of Pittsburgh, Philadelphia and New York. "ParenteBeard and Baker Tilly share a common culture and values that emphasize a dedication to exceptional client service and creating opportunities for our people to grow and develop in their careers," said ParenteBeard chairman and CEO Robert Ciaruffoli.
Kemper acquires Larry Nunn & Associates
Details: Kemper CPA Group LLP has acquired Larry E. Nunn & Associates CPAs LLC. The resulting offices will operate under the Kemper CPA Group LLP name and will be located at the existing Larry E. Nunn & Associates offices in Columbus, Seymour, and Plainfield, Ind.
The members of Larry E. Nunn & Associates will remain on staff at Kemper CPA Group LLP, with Mary Ann Nunn and Randy Effner joining Kemper CPA Group as partners, and Larry Nunn and Steve Blacketer serving in an advisory capacity.
Grassi & Co. merges in Hochman Practice Group
Details: Top 100 Firm Grassi & Co. has agreed to add The Hochman Practice Group to its firm. The Hochman Practice Group, which was formerly part of Rosen Seymour Shapss Martin & Co. LLP, will bolster Grassi's footprint in New City, N.Y.
The combined firm will operate under Grassi's name. Four partners and approximately 30 additional staff members from the former RSSM group will be joining Grassi, bringing the firm's headcount to more than 250 and increasing the number of offices in the region to three.
The New City office will be joining Grassi's existing offices in New York City and Jericho, N.Y. The deal closed on August 28.
Baker & Associates and Stephen Bossert merge
Details: Baker & Associates CPAs LLC and Stephen L. Bossert CPA LLC have agreed to merge. Bossert's firm will close its office on Main Street and move to the North Brookwood Avenue location in Hamilton. Baker & Associates serves privately held businesses, nonprofits and individuals with accounting services including tax preparation and filing, payroll, tax compliance services, bookkeeping, and Quickbooks accounting assistance.
McGladrey acquires Battelle Rippe
Details: Top 5 Firm McGladrey LLP has expanded its practice in Ohio by acquiring substantially all the assets of Battelle Rippe Kingston LLP, a CPA firm that offers assurance, tax and consulting services in Southwest Ohio.
The deal is expected to close on Nov. 1, 2014. The new addition will give the firm a presence in Dayton, Cincinnati and Troy, Ohio. The Chicago-based firm already has offices in Cleveland and Columbus.
"McGladrey has the opportunity to truly own the middle market in Ohio with offices across the state," said McGladrey managing partner and CEO Joe Adams in a statement.
Allan Koltin, CEO of Koltin Consulting Group, who advised BRK on the transaction, commented: "This merger was very strategic for McGladrey in terms of the Great Lakes region and Ohio. ... Battelle Rippe Kingston is a new breed of firm that had the talent and youth to continue on as an independent firm for many years but saw the strategic value of additional services and expertise that they could provide for their clients, as well as the career growth opportunities for their people."
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