Tronconi Segarra adds Cain
Tronconi Segarra & Associates LLP, a CPA firm in Williamsville, New York, has merged in Scott Cain and six associates from his previous firm, Wittlin, Cain, & Dry, LLP, effective Oct. 1, 2019.
The Lockport office where Cain and his associates worked will now become a Tronconi Segarra office. His previous firm will keep its other office in Williamsville, but it will be renamed Wittlin, Dry & Dry.
There are currently 14 partners and 99 staff members at Tronconi Segarra. Cain will become the 15th partner with the merger. After the merger, Tronconi Segarra will have 15 partners and 105 staff members. Financial terms of the deal were not disclosed.
The deal will enable Tronconi Segarra to expand to Niagara County, New York. “We have wanted to re-enter the Niagara County market for the past several years, and we patiently waited for the right opportunity to develop,” said managing partner James Segarra in a statement. “For us, the right opportunity is one that is a win-win for both of us, and where our combined clients will have access to a wider range of services delivered by enthusiastic professionals with diverse expertise to serve them.”
He said the deal would enable to serve clients better. “The desire among our partner group to grow our firm continues to be rooted in our philosophy of providing high-quality services and exceptional client service, not expanding just for the sake of expanding,” Segarra added. “We believe that means being able to offer our clients tailored solutions, competitive marketplace fees, and close, personal attention. We feel very fortunate to have found these same values in Scott Cain.”
Cain began his career in public accounting in 1990. He provides accounting, auditing and tax services to clients, and specializes in servicing Canadian-owned companies doing business in the U.S., and helping clients with mergers and acquisitions.
“I have known some of the Tronconi Segarra & Associates partners for several years, and I’m excited about becoming their partner,” Cain stated. “This merger will help us serve our clients in new and better ways, broadening the scope of services we can offer them and giving them more options than we previously could.”