Armanino Acquires The Brenner Group

mergerSan Ramon, Calif.-based Armanino (FY14 net revenue of $129.5 million) announced that, effective Sept. 1, Cupertino, Calif.-based The Brenner Group will become an Armanino company.

The Brenner Group has a strong specialty in interim financial management, such as interim CFO and controller services, and valuation and financial advisory services, with a primary expertise in venture-backed technology companies.

“The Brenner Group’s experience in providing companies with hands-on financial leadership is a perfect match to Armanino’s full spectrum of accounting, consulting and technology solutions,” says MP Andy Armanino. “By coming together, we’re able to provide more innovative solutions for our clients, which is something we all take pride in and value.”

With this agreement, The Brenner Group’s valuation team will integrate with Armanino’s valuation and equity solutions practice to provide a full end-to-end equity compensation portfolio of services that can assist with all types of valuation engagements, as well as equity compensation administration, outsourcing, accounting and software solutions, the firm announced. Additionally, The Brenner Group will strengthen its interim management practice by integrating Armanino’s executive search team, and will together provide permanent and temporary placement services for a variety of leadership roles. This creates a full professional staffing solution for businesses at any stage of their growth.

“Armanino gives us the ability to expand and provide more solutions to our clients including outsourced bookkeeping, tax, international expertise and technology implementations around ERP, CRM, budget and forecasting, business reporting and analytics, and other ‘best of breed’ cloud solutions for the finance organization,” said Rich Brenner, CEO of The Brenner Group. “Together we are able to assist a variety of companies from venture capital-backed start ups to established businesses.”