FML Merges with Two Connecticut Firms

Glastonbury, Conn.-based Fiondella Milone & LaSaracina (FY18 net revenue of $9 million) announced their completed mergers with two Connecticut firms, Viola Chrabascz Reynolds (VCR), with offices in Enfield, Simsbury and Stafford Springs, as well as Formica & Dobkin of Berlin.

These mergers are designed to create a larger tax, assurance and advisory firm with the ability to provide a greater array of services and expertise to clients. The transition will also allow the combined firm to offer enhanced service lines and specialties, a larger network of experienced partners and CPAs, and a continuation of its principles as a forward-thinking firm serving clients of all sizes.

The Formica & Dobkin staff will join the FML Glastonbury office, operating as F&D, a division of FML. The three VCR offices will remain open and operate as VCR, a division of FML. FML will now be a statewide a network of six offices.

“This merger will provide additional opportunities and teammates to better serve our clients and continue our tradition of direct access to decision makers,” says MP Jeff Fiondella.

VCR MP Tim Reynolds says, “We’re gearing up to bring a broader range of services and experienced staff to better support business here in Connecticut, regionally in New England, as well as on the national and global stages.” Three partners and 14 staff will join FML.

“The firm will have a combined 107 years of experience,” added Ralph Formica of Formica & Dobkin. “Our merger into one is a strategic decision developed to provide the best possible services to our current and future clients; many of whom know firsthand how important it is to have a personalized relationship as they would with a small advisory firm, while also experiencing the benefits of a large one.”

The newly expanded FML will include 13 partners and 36 CPAs, creating a firm of a total of 84 staff.