Florida accounting firms Saltmarsh, Cleaveland & Gund and Stogniew & Associates are combining, effective Oct. 1.
The merger will increase the two firms ability to provide internal audit, loan review and compliance-consulting services to financial institutions. We have continued to expand in our services to the community banking sector and we have a complementary service offering, said Saltmarsh shareholder Lee Bell. They are a bank-consulting firm. A large part of our business is bank accounting and consulting.
Stogniews firm has about 10 people, while Saltmarsh has approximately 120 employees. Both firms have offices in the Tampa area, and Stogniews employees will be moving into Saltmarshs offices there, including Stogniew executive director Kristen J. Stogniew, who will join Pensacola-based Saltmarshs Tampa office as a shareholder.
Financial details of the transaction were not disclosed.
