Herbein + Company Inc. Announces Acquisition

Reading, Pa.-based Herbein + Company, Inc. announced that is has acquired Braund Eiler & Vasko (BEV) effective immediately.

BEV is a nine-person firm located in Allison Park, and all operations will remain in that Route 8 location, which becomes Herbein’s seventh office. Herbein senior manager, David Cordier, who has been based in the Pittsburgh office since 2001, will lead the Allison Park office.

Thomas Bakaitus Jr., Herbein partner and operating officer, calls the acquisition a “win-win-win for Herbein, BEV and BEV’s client base.” Bakaitus says, “Both firms are known for servicing closely held clients in manufacturing, distribution, professional services and other privately owned enterprises. In fact, we have already worked together on one particular client, so we have seen how this will be beneficial. Herbein brings depth of knowledge and resources to the mix and the Allison Park office gives us the opportunity to be a part of the vibrant North Hills.”

The majority of BEV’s staff, including former BEV partner Larry Vasko, will remain with the firm. Vasko says, “We’re all looking forward to being part of a group with the experience and resources that Herbein brings to the table.” Herbein will continue to offer tax, audit and accounting services, business consulting and payroll services from the Allison Park office.