Two Firms Merge and Will Operate Under Bonadio Name

Pittsford, N.Y.-based The Bonadio Group (FY13 net revenue of $54.2 million) and Stulmaker, Kohn & Richardson of Albany, N.Y. (FY12 net revenue of $1.1 million), have finalized an arrangement to merge and will operate under the Bonadio name beginning Dec. 1.

The merger will give the Bonadio Group seven employees, which includes two partners, bringing the Albany office up to 62 employees. Bonadio’s new partners are Edward Knapp and Timothy Pierce.

“We are very much looking forward to welcoming SKR’s people, clients, and friends to our firm,” said Tom Bonadio, CEO and MP of The Bonadio Group. “Many of our Albany team members worked with SKR’s people before coming to our firm, so this merger is a fortunate reunion. Our growth together is a direct reflection of our optimism for the future of the Capital Region.”