One of New England’s largest independent CPA firms, Carlin, Charron & Rosen LLP, has announced a pending merger with UHY Advisors.Terms of the merger, which should close May 1, were not disclosed. In May 2006, UHY acquired the Boston-based accounting firm Brown & Brown LLP, absorbing the firm’s 80 employees.
CCR employs more than 280 professionals in its Boston and Westborough, Mass., offices, as well as locations in Glastonbury, Conn., and Providence, R.I. Founded in 1918, the firm provides assurance, tax and advisory services to a range of clients.
In statements, both the chief executive of UHY’s New England practice, Anthony P. Scillia, and CCR managing partner Robert Charron noted that the deal would help the combined firm better tap into the “under-served” middle market.
The firm will operate as UHY LLP for audit work and UHY Advisors for tax and business consulting work. After the merger, UHY Advisors’ New England practice will have more than 400 employees and combined 2007 billings of approximately $65 million.
UHY Advisors was ranked No. 15 on Accounting Today's 2006 list of Top 100 Firms, with revenues of $196 million.
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