MGO Acquires Accounting Firm in San Diego

Sacramento, Calif.-based Macias Gini & O’Connell (MGO) (FY11 net revenue of $30.1 million), an IPA Top 100 firm, acquired Mensch & Associates of San Diego.

Mensch will retain its name and office location but will be co-branded with MGO, which has offices six offices in California and more than 230 staff. Mensch specializes in companies with federal government contracts, and MGO has a niche in municipal and state audit and accounting.

“The combined expertise of our two firms allows us to offer truly unique value to clients,” MGO MP Kevin O’Connell says. “We’ll bring a capability that no other firm can offer – a deep understanding of both sides of the contracting relationship from an accounting standpoint – as well as a greater resource capacity to provide tax and accounting services, not only in southern California but nationwide.”

The transaction was completed June 15, 2012. Mensch’s employees are retained in the deal. A co-branded identity for the Mensch firm will be launched in August.