Two northern New York accounting firms recently announced their merger, in a deal effective Jan. 1.
Financial terms were not disclosed.
Dragon Benware Crowley & Co. PC, which is headquartered in Malone, N.Y., will absorb the practice of Douglas L. Hoffman CPA and Associates, which has a staff of 10 and offices in Lake Placid and Plattsburgh, N.Y. DBC also has locations in Canton, Massena and Watertown, N.Y., and employs a staff of about 20.
Hoffman and his staff will all be retained within the combined firm, and he told a local newspaper that the merger was a way for his firm to follow its own advice and address its succession planning sooner, rather than later. DBC will continue offering a range of services, remaining committed to keeping individual and small business services a priority even as it seeks to serve larger customers.
To celebrate the merger, the firm will also make charitable contributions to local nonprofit organizations, including $1,000 donations to both the Greater Malone YMCA and the Adirondack Community Trust.
DBC is a member of Inpact Americas, a nonprofit professional association focused on the success of small and midsized accounting and consulting firms. Gary Benware is the group’s current president and chairman of its board chair.
The firm is also a founding member of the Eastern Audit Alliance, a company that serves regional, national and international clients who require auditing and taxation services.
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