KPMG LLP’s wholly owned subsidiary, KPMG Corporate Finance LLC has acquired substantially all of the assets of St. Charles Capital, a boutique investment bank that provides M&A and capital advisory services for mid-market companies nationwide. Terms of the deal were undisclosed.

Devereux is actively engaged as a tax advisor and business consultant for Mueller Prost as director of manufacturing and distribution services.

MJR’s staff, and its six partners, will be joining Gallina once the acquisition is complete on July 1, 2014.

Fort Collins, Colo.-based Sample & Bailey CPAs PC will be joining Eide Bailly. The deal is set to close on August 4.

The founders of JDJ Resources Corporation have left Rothstein Kass Family Office Group to launch JDJ Family Office Services.

Citrin Cooperman has added partners and staff of MGI Repetti. The combination is scheduled to close on July 1.

KPMG LLP has acquired the business and technology consulting firm, Zanett Commercial Solutions. Terms of the deal were undisclosed.

A collection of accounting firm mergers and acquisitions…

J.D. Cloud & Co. LLP has agreed to merge with Clark Schaefer Hackett. The deal is set to close on July 1.

Paychex has acquired nettime solutions, LLC, a cloud-based time and attendance systems provider.

What’s greasing the wheels for the rise in mergers by U.S. companies? The tax man.

Medtronic Inc., the globe-spanning medical device maker founded in a Minneapolis garage in 1949, is poised to become the biggest company yet to escape the U.S. tax system by shifting its incorporation abroad.

CohnReznick LLP and Boston-based Ercolini & Company have signed a letter of intent to combine practices. The deal is expected to close on June 30.

Kennedy and Coe LLC plans to combine with Chico, Calif.-based firm, Matson and Isom. The merger, which is pending final approvals, is scheduled to close on Jan. 1, 2015.

A roundup of accounting firm mergers and acquisitions

Boyum & Barenscheer CPAs has acquired Peterson, Peterson & Associates CPAs.

By now the accounting profession is up to speed on KPMG acquiring Rothstein Kass. It was a pairing that kept the rumor mill churning.

The accounting profession has been anticipating this team-up for a few years now, but Accounting Today learned that official discussions didn’t start until earlier this year. “Deals of this size take time to come to agreement on,” said Scott Ozanus, deputy chairman and COO of KPMG. “To be quite honest, we didn’t literally start talking to the principals of [Rothstein Kass] until January 2014.”

A roundup of recent accounting firm mergers and acquisitions.

Stephen Mankowski CPA of Hatboro, and Edward Caine of Bryn Mawr, Penn., agreed to merge their practices after becoming friends through their respective leadership positions in the National Conference of CPA Practitioners.