ILLINOIS
Michael Silver & Co. adds Gary R. St. Pierre to its practice
Details: Gary R. St. Pierre CPAs, a firm based in Mount Prospect, Ill., has merged with Michael Silver & Co.
Gary R. St. Pierre and his staff, which includes Rick Godek and Stefka Zahariev, moved over to the Michael Silver office in Skokie, Ill.
"The practice expertise of Gary R. St. Pierre and his team, which is primarily in estate taxes, estate tax planning and estate settlement, was a natural fit for Michael Silver & Co.," Michael Silver's managing partner Earl Holtzman said in a statement. "This niche has also long been one of Michael Silver & Co.'s key areas of capability and expertise."
Pacion Ajder merges with LLG CPAs and Advisors
Details: Pacion Ajder PC has merged into the Northbrook, Ill.-based practice of Lipschultz Levin & Gray LLC. Terms of the deal were undisclosed.
The combined firm will operate out of LLG's Northbrook headquarters and a new second location on Michigan Avenue in Chicago.
Pacion will bring more than 40 years of experience and knowledge to LLG's advisory team and allow the professionals at LLG to provide support for his daily accounting and tax duties. Some of Pacion's specialties include manufacturing and real estate.
MASSACHUSETTS
Marcum merges with Parent, McLaughlin & Nangle
Details: Top 100 Firm Marcum LLP has merged the offices of Parent, McLaughlin & Nangle CPAs Inc., into its New England practice. Financial terms of the deal were not disclosed, but Marcum generated $275.5 million in annual revenue in 2012, while PMN brought in $6.5 million, according to Marcum's spokeswoman Julie Gross Gelfand.
PMN adds six partners and 30 professionals to Marcum's Massachusetts practice. With offices in both Boston and Raynham, Mass., it plans to add a fourth office to Marcum's New England region.
MICHIGAN
Gofrank & Mattina and Brown & Kent have merged
Details: Gofrank & Mattina PC has merged with the Lapeer, Mich.-based accounting firm Brown & Kent PC.
The combined firm now has a total of 29 employees, including 19 CPAs.
Gofrank & Mattina will continue to operate out of its Rochester, Mich., office, while Brown & Kent will continue to do business under its current name in Lapeer, Mich. Gofrank & Mattina's president, Vincent Mattina, will keep his position and Brown & Kent's founders Kim Brown and Clark Kent will maintain leadership roles within the new firm.
"The newly integrated firm will provide our clients with enhanced expertise and increased depth. This growth creates additional resources for us to work more closely with our clients to help them achieve their financial goals," Mattina said in a statement.
"Combining the two firms is an ideal way to offer more comprehensive tax, audit and accounting assistance to our clients and expand our geographic footprint," Kent added. "Both firms share a similar culture and commitment to the communities we serve, so this merger just makes sense."
MILWAUKEE
Schenck acquires majority of Bonfield practice
Details: Top 100 Firm Schenck SC has acquired a majority stake of Bonfield & Co. SC.
Steve O'Brien, formerly a partner of Bonfield, will work with Schenck's personnel to assist clients in the firm's Milwaukee office. Mike Whittle, also a former Bonfield partner, will continue to work with a small group of select clients independently.
"Joining with Schenck allows us to offer our clients expanded service offerings, especially in meeting their needs for specialty services," O'Brien said in a statement. "We know our clients will benefit from the specialized expertise we can now offer as part of Schenck."
NEW HAMPSHIRE
Nathan Wechsler & Co. and Robert E. Moses merge
Details: Nathan Wechsler & Co. PA has merged with Robert E. Moses CPAs of Lebanon, N.H.
The merger gives Nathan Wechsler entry into the Upper Valley region of New Hampshire. The firm Robert E. Moses will change its name to Nathan Wechsler & Co., and Robert Moses himself will become a principal at Nathan Wechsler.
NEW YORK
Marks Paneth & Shron adds Rosenberg, Neuwirth & Kuchner to its cast
Details: Rosenberg, Neuwirth & Kuchner has joined Top 100 Firm Marks Paneth & Shron LLP. RNK's 39 staff members, which include six partners and three senior consultants, will operate under the MP&S name.
RNK serves privately owned companies and organizations involved in the creative and performing arts, including Broadway theater, television, music and literary work.
The firm started its entertainment practice in 1919, but it also handles real estate, tax planning for high-net-worth individuals, corporate audit, and employee benefit plan work.
MP&S currently has 475 employees, 60 of whom are a mix of partners and principals. The firm, which has been in business since 1907, provides a full range of auditing, accounting, tax, consulting, bankruptcy and restructuring services, as well as litigation and corporate financial advisory work to its clients.
Its client list includes businesses in the real estate, nonprofit, professional and financial services, energy, hospitality, and the media and entertainment industries.
Prager & Fenton, Metis Group merge
Details: Prager & Fenton LLP and Metis Group LLC have merged. The two firms will operate under the name Prager Metis International LLC.
The combined firm will have more than 140 staff and 30 partners. It will have an expanded national and international presence throughout seven offices. Its offices are located in New York City, Los Angeles and London, England.
Prager Metis International will provide services through its four operating companies, with services including assurance, tax and consulting, entertainment-based services, computer consulting and financial planning.
PHILADELPHIA
Smart Devine acquires EAC Valuations
Details: Smart Devine, a Philadelphia-based accounting, tax and advisory firm, has acquired EAC Valuations LLC, an appraisal and valuations firm based in Wayne, Pa.
The combined firm will include more than 75 accounting and consulting professionals working out of Smart Devine's Philadelphia offices.
Financial terms were not disclosed. EAC Valuations earns approximately $1 million in annual revenue. Nine employees from EAC will be joining the combined firm.
SOUTH CAROLINA
Scott and Co. merges with Lowrance Cooper
Details: South Carolina-based CPA and consulting firm Scott and Co. has merged with the tax firm Lowrance Cooper, expanding its presence in Columbia, S.C.
Financial terms of the deal were not disclosed, but the combined firm will have annual revenue in the $3 million range, according to a firm spokesman. The combined firm will also have approximately 25 associates.
As part of the deal, Lowrance Cooper's principal Sandy Cooper will become a member of Scott and Co. In addition, Lowrance Cooper's personnel will relocate from their current offices on Devine Street in Columbia to Scott and Co.'s offices on Main Street. Scott and Co. is an independent member of the BDO Seidman Alliance.
