Archives for February 2015

Blue & Co., LLC Director Receives Sagamore of the Wabash Award

Sally Cleveland

Sally Cleveland

Carmel, Ind.-based Blue & Co. LLC (FY13 net revenue of $65.5 million) announced Sally Cleveland was presented the Sagamore of the Wabash Award on Feb. 24, by Indiana Governor Mike Pence for her significant contributions in the development of the HIP 2.0 Medicaid Expansion for Indiana. Cleveland is a partner in Blue’s health care practice and was recognized for her work with the Indiana Hospital Association and the State Office of Medicaid Policy and Planning.

Cleveland was part of the Indiana Hospital Association’s Team on HIP 2.0, which included Doug Leonard, president of the Indiana Hospital Association (IHA); Brian Tabor, vice president of government relations at the IHA; and Tim Kennedy, attorney at Hall Render Killian Heath & Lyman, PC. All were honored with this distinctive award and worked with Pence’s staff to build the Healthy Indiana Plan (HIP 2.0 program), which will expand Medicaid coverage to 350,000 low-income Hoosiers who are currently uninsured. HIP 2.0 is being lauded nationwide as an innovative program to improve the delivery of health care and introduces a number of principles not being used in any other state.

The Sagamore of the Wabash Award is one of the highest distinctions bestowed by the Governor of Indiana. It is a personal tribute usually given to those who have rendered distinguished service to the state. The award was created during the term of Governor Ralph Gates, who served from 1945 to 1949.

Cleveland’s professional experience includes working with another health care-oriented CPA firm and the Medicare fiscal intermediary. Her current focus is primarily in the reimbursement area with a concentration in Medicaid reimbursement, state and federal health care legislation, provider appeals and critical access hospital conversions.

Gunther Joins CohnReznick’s National Renewable Energy Industry Practice

Ted Gunther has joined New York-based CohnReznick LLP (FY14 net revenue of $508.2 million) as a partner in the firm’s national renewable energy industry practice.

Based in the New York office, Gunther brings 11 years of experience in the power and utilities practice of a Big 4 firm where he led the integrated audit of multiple Fortune 500 power and utility companies, including that firm’s largest power and utility client relationship. He has also led carve-out financial statement audits of multiple renewable energy project financing transactions, in which he assisted companies with the complexities of SEC reporting and technical accounting positions. During his career, Gunther has advised and led the purchase accounting efforts on several multi-billion dollar acquisitions, which were among the largest M&A power and utility transactions in the industry and included significant renewable energy deals.

Gunther also brings in-depth technical and SEC financial reporting experience. He has spent two years in a Big 4 national office, where he advised power and utility clients of the accounting models and financial reporting considerations associated with complex financial instrument transactions. Due to his extensive experience with significant M&A transactions and SEC reporting, he will add to the firm’s capabilities in IPO readiness and acquisitions due diligence, and help to expand the accounting assistance and valuation services offered to renewable energy industry clients.

“Ted will be instrumental in growing our practice in the New York region,” says Tim Kemper, a CohnReznick partner and renewable energy industry practice co-director. “I’ve been impressed by both his deep industry knowledge and his enthusiasm for helping the industry’s largest clients reach their goals.”

O’Connor Davies Expands Litigation Support Team with Principal

Harrison, N.Y.-based O’Connor Davies LLP (FY13 net revenue of $98 million) announced that David Gannaway has been admitted as the firm’s newest principal. Gannaway brings more than 25 years of experience in fraud investigations and forensic accounting to O’Connor Davies’ growing litigation support team.

Gannaway has worked both for the government and the private sector, managing and investigating complex domestic and international financial fraud schemes across multiple business sectors, including financial services, health care and non-profit. As a 20-year veteran of the IRS, where he served as a special agent in the Criminal Investigations Division, Gannaway managed and investigated hundreds of cases of fraud and corruption, including an investigation deemed to be the largest tax crime in IRS history.

Since joining the private consulting sector in 2007, Gannaway has provided litigation support to defense attorneys and served as a client advocate in white-collar criminal investigations, and assisted clients through the IRS Offshore Voluntary Disclosure Program and other tax controversies.

In his role as principal within the litigation support team, Gannaway will provide comprehensive litigation consulting and expert witness services for attorneys and clients with a focus on complex white-collar internal fraud investigations, forensic accounting, shareholder disputes, civil tax controversies / appeals and criminal income tax investigations.

“O’Connor Davies is committed to ensuring our clients are prepared for any situation that may arise in our complex financial market, which is why it is so important for us to continue the expansion of our litigation support team, and we feel there is no one better equipped to strengthen this service than David,” says Kevin Keane, MP of O’Connor Davies.

Concannon Miller & Co. Names New President

Ted Witman

Ted Witman

Bethlehem, Pa.-based Concannon Miller & Co. PC named Ted Witman as president, according to LBV.com.

Witman joined the firm in 2013 as chief operating officer. His appointment to the new position is effective immediately.

Bob Oster, CEO and shareholder at the firm, called Witman a strong leader. “This elevation of Ted’s role and responsibilities coincides with my transition and succession plan over the next 18 months,” says Oster. “We will work together to accomplish a smooth and structured approach to Ted having overall firm management responsibility.”

Oster plans to retire in September next year.

Witman oversees the firm’s Florida offices and has more than 30 years of experience, including seven years as COO for an accounting firm in Lancaster County and more than 20 years as an executive in manufacturing and publishing, as well as experience in business and financial consulting to small and medium-sized businesses and as executive director of a nonprofit organization.

Daszkal Bolton Introduces New Branding

Boca Raton, Fla.-based Daszkal Bolton (FY13 net revenue of $16.1 million) released a new brand identity to include a modified logo, refreshed website, new slogan and other material.

“We’re inviting our clients to ‘conquer to new ground,’” says Michael Daszkal, MP and co-founder of the firm. “It doesn’t matter whether a client is a business, not-for-profit, or a high-net-worth family. Every client has goals and we’re here to help makes those goals a reality.”

Daszkal Bolton, founded in 1992, is at record size with three offices and nearly 120 people. Over the years, the firm has embraced a reputation of being entrepreneurial in its culture. Its new slogan is said to draw on that reputation.

Daszkal Bolton_2015

Additionally, Daszkal Bolton has long represented itself with a shield. The new brand preserves that history while seeking to draw a more direct correlation between the brand mark and the firm’s value proposition.

“It’s more than a slogan,” says Timothy Devlin, partner and tax services practice leader. “‘Conquer new ground’ is a guiding principle. Just as we embrace an entrepreneurial way of thinking in client service, we continue to think that way for ourselves. Every day offers new opportunities to improve our processes and optimize our resources. We don’t take them for granted. As part of our branding efforts, we have also introduced a new set of core values that underscore sentiments aligned with our value proposition. Every member of our firm has those values by their side while working as a constant reminder to act in a manner consistent with this principle.”

The firm’s new branding was developed as a product of self-discovery according to Lewis Greenberg, director of marketing. “We’ve spoken with clients, our professionals and members of the community,” says Greenberg. “What we heard was consistent. We’re well known for our commitment to growth and our entrepreneurial approach to business. Our dedication to community causes is recognized. We heard reoccurring themes of our providing high growth companies with expertise they need to compete but aren’t likely to have in-house. Our branding is the culmination of those conversations. This isn’t about reinvention. ‘Conquer new ground’ states succinctly what we’ve continuously promised over our 23-year history.”

Aronson LLC Acquires Deltek’s Washington Management Group

Aronson LLC (FY13 net revenue of $51.2 million) of Rockville, Md., announced that it has acquired the GSA Schedule consulting business of Deltek’s Washington Management Group (WMG). This acquisition positions Aronson as the leading full-service GSA Schedule consulting practice in the nation.

An official Deltek partner since 2002, Aronson’s government contract services group provides a full range of accounting and business solutions for government contractors, including Deltek implementations, financial and contract compliance, business system adequacy and Cognizant/OIG audit support.

“The acquisition strengthens the longstanding partnership between Aronson and Deltek,” says Jeff Capron, Aronson’s MP. “It allows both companies to focus on their core capabilities in the government contracting market and continue to provide unparalleled service to clients.”

Aronson’s GSA Schedule practice is led by Hope Lane, a partner with more than 20 years of experience in the industry. Aronson serves a wide range of clients, from small contractors to Fortune 500 companies across the country, and provides a complete range of support that includes identifying, obtaining and maintaining GSA Schedule contracts, as well as resolving complex compliance issues.

The WMG business, which was acquired by Deltek in 2011, has more than 30 years of experience in contract management, risk management, contract compliance, advisory and consulting for government contractors.

Wolfer Joins GBQ as Senior Manager of Business Development

David Wolfer

David Wolfer

Columbus, Ohio- based GBQ Partners LLC (FY13 net revenue of $23.4 million) announced that David Wolfer has joined the firm as a senior manager of business development for the firm’s Cincinnati location.

Before joining GBQ in 2015, Wolfer owned a small business and has a strong sales, financial and customer-oriented background. He has 19 years of sales and accounting experience, including six years of public accounting experience as an audit supervisor.

“Dave Wolfer has a wealth of experience, both as an accountant and as a business owner. We are excited to have Dave join our Cincinnati office and we believe he will be integral to GBQ’s growth in Cincinnati,” says Paul Anderson, director of assurance services.

Gumbiner Savett Announces Two Promotions

Gumbiner Savett Inc. (FY13 net revenue of $16.7 million) of Santa Monica, Calif., announced the promotion of two of its staff members to manager, Natasha Rudnitsky in the tax department and Joanna Lee in the audit and accounting department.

“Joanna and Natasha are strong assets to the firm,” says Michael Savoy, managing director of Gumbiner Savett. “Stepping into a managerial role at a busy time in the firm’s business cycle can be challenging, but both Joanna and Natasha have hit the ground running and are taking on their new roles head-on. We expect to see great things from them and look forward to their continued contributions to the firm.”

A member of the firm for over six years, Rudnitsky works with partnerships, individuals and S corporations. Lee has been with the firm for more than four years and is an audit and accounting specialist who works with construction contractors, manufacturing and distribution clients, and not-for-profit organizations.

Guilmartin DiPiro & Sokolowski Announces Promotions

Guilmartin, DiPiro & Sokolowski LLC (GDS) of Middletown, Conn., announced the promotions of Michael Kovaleski and Angela Paydos. Both long-term employees with GDS, Kovaleski has been named director and Paydos has been named manager.

These promotions come on the heels of a merger that has expanded GDS’s capabilities, offerings and expertise in serving clients throughout Middlesex County and Connecticut.

Kovaleski joined GDS in 1989 and works with a variety of small business and individual tax clients. He performs audits as a specialist in the audits of non-profit organizations. He is an expert in the preparation of the cost reports for the Department of Developmental Services (DDS) and Department of Social Services (DSS).

Paydos, who has been with GDS for more than 10 years, has been promoted to manager. She has been a CPA for 11 years, starting her career at GDS as a co-op student in 1999 working on both audits and taxes. She later went to work as an internal auditor at The Hartford Financial Services Group. She returned to GDS in 2008 and continues to work on various audit engagements.

“We are proud to announce the promotion of these two long-term employees,” says DiPiro, a partner at GDS. “Their steadfast commitment to our firm, expertise in serving clients and hard work has helped them to reach new milestones in their careers.”

MBAF Announces Addition of Kane & Company

Miami-based MBAF (FY13 net revenue of $84.2 million) announced that Miami-based Kane & Company has joined the firm, effective Feb. 20. The announcement was made by Tony Argiz, chairman and CEO of MBAF and Monte Kane, founder of Kane & Company. The expanded firm will have more than $89 million in annual revenue and 473 employees across the country.

The joining of Kane & Company with MBAF will drive new business opportunities and expand the firm’s practice area expertise and services for clients. MBAF will acquire 21 professionals from Kane & Company, and an increased presence in the condominium and association industry niche. The firm will continue to focus on tax and accounting, audit, technology consulting, litigation support, business valuation, risk management, mergers and acquisitions, fiscal and infrastructure consulting, trusts and estates and private wealth services.

Kane & Company’s technology advisors will join WhiteOwl, MBAF’s technology affiliate. WhiteOwl provides business process consulting services leveraging enterprise resource planning, customer relationship management and cloud service for more than 1,000 growing businesses globally. WhiteOwl and Fiscal Management Associates, a consulting firm dedicated to strengthening nonprofit’s financial and operational health, form MBAF’s affiliate network, increasing the firm’s scope of services for clients.

“This union presented a strategic opportunity for MBAF to expand our presence and practice areas with the talented and respected team at Kane & Company,” says Argiz. “Not only will this strengthen MBAF’s position as one of the top 40 largest accounting and consulting firms in the nation, it will reinforce our shared culture of unsurpassed commitment to client service, across multiple markets and industries, domestic and international.”