CPA firm Steinberg Advisors is merging with another Chicago-area firm, Robinson, Reinglass & Panos, expanding Steinberg’s client base in the health care market.

The merger is set to take effect July 1. Financial terms of the deal were not disclosed.

Under the agreement, Marvin Reinglass, CPA (pictured), will become a shareholder in Steinberg Advisors and part of the management team. His firm’s 13 staff members will all join Steinberg as well, bringing the total staff level at the combined firm to 42.

“Since the formation of Steinberg Advisors in 1999, we have built our firm with the talents of some of the Chicago area’s most respected accounting and tax professionals,” said Steinberg Advisors president Irwin Steinberg. “This merger brings together two firms with a shared vision to be a leading resource for closely held businesses and individuals with accounting and tax planning needs in the Chicago metropolitan area. The merger represents a milestone in our 10-year history of Steinberg Advisors, creating a stronger, more broadly based firm as well as expansion into the health care and service segments of the market.”

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