Rehmann Acquires Managed IT Solutions Practice

Troy, Mich.-based Rehmann (FY16 net revenue of $115 million) acquired Grandville, Mich.-based Trivalent Group, a managed IT service provider, effective April 1.

Trivalent Group provides managed services and other IT solutions to more than 700 clients and specialize in managed services, managed cloud, cyber security, managed networks and business continuity.

“As the world becomes increasingly technology-driven, Rehmann is focused on staying ahead of our clients’ needs and helping them thrive long into the future,” says Randy Rupp, Rehmann CEO. “The addition of Trivalent Group will bring more core business solutions under one roof, allowing us to holistically serve our clients and help them reach their business goals.”

“We are thrilled to partner with Rehmann, and in doing so, we are maintaining the core values essential to our success – a focus on community and exceptional client service,” says Larry Andrus, Trivalent Group CEO. “Together, we will bring insightful, complementary ideas to the table, helping clients meet future demands while keeping their greater business mission in mind.”

BDO Acquires Casterline Associates

Chicago-based BDO USA (FY17 net revenue of $1.4 billion) acquired Casterline Associates of Valley Forge, Pa., which expands their public housing authority (PHA) practice.

Founded in 1995, Casterline provides accounting, financial consulting, strategic planning, information technology and other services to PHAs around the country. This transaction will bring 9 staff to BDO.

“We are extremely pleased to build on our existing presence with public housing authorities and the department of housing and urban development by adding these highly-valued resources to our national practice. Casterline has been working with PHAs throughout the United States for more than 30 years – which is a testament to the quality insight and advice they bring to each client relationship,” says Brian Alten, national leader of BDO USA’s PHA practice.

“Casterline Associates has built a long history of serving the public housing community as a trusted advisor for achieving financial and operational improvement. By joining BDO, we will leverage the firm’s national brand and resources to build on that strong tradition to reach the next level of growth,” says Jason Casterline, president and founder of Casterline Associates. “Clients will continue to receive the close personal attention that they have come to expect from the Casterline team, but now they will have access to a wider array of solutions and the deep resources of BDO.”

Briggs & Veselka Expands Houston Tax Practice with Acquisition

Houston-based Briggs & Veselka (FY16 net revenue of $35.4 million) acquired William M. Shields of Houston. Bill Shields will join the firm as a shareholder, and all the firm’s professional employees will join Briggs & Veselka in various positions. Shields currently represents more than 1,000 clients domestically and internationally.

“Shields has a reputation for great client service, which is one of the many commonalities we discovered in the discussions leading up to this acquisition,” says John Flatowicz, managing shareholder of Briggs & Veselka.

“We are hoping that additional resources – international tax, state and local tax, audit and attestation, and consulting services will be a great resource for our clients in the Southwest and elsewhere,” says Shields.

“Being a legacy firm means we intend to remain independent through the consolidation in the industry. The shareholders and I strongly believe that preserving our unique culture will allow the firm to invest in the resources our clients need today and into the future,” says Flatowicz.

Marcum Search Acquires JHill’s Staffing Services

Marcum Search, the executive recruiting and temporary staffing affiliate of New York-based Marcum LLP (FY16 net revenue of $449 million), has acquired JHill’s Staffing Service, a Los Angeles recruiting agency specializing in direct hire and temporary staffing for the legal services profession. JHill’s will operate as a division of Marcum Search, effective immediately.

Jennifer Hill, JHill’s president, will continue as president of the new Marcum Search division.

“In addition to their extensive expertise in the legal services arena, Jennifer Hill and the entire JHill’s team bring an exciting energy to Marcum Search that will be valuable as we continue to build our California presence,” says Richard Paris, CEO of Marcum Search.

“Combining with Marcum Search presents tremendous synergies and partnership opportunities that will let us scale up in the legal services industry while also ramping up the ways we give back,” says Hill.

Carr Riggs & Ingram Expands Operations in Florida

Enterprise, Ala.-based Carr Riggs & Ingram (FY16 net revenue of $235.8 million) acquired Bradenton, Fla.-based Shinn & Company.

Shinn & Company provides accounting and auditing, tax compliance and planning, business consulting, and small business accounting services with particular industry expertise delivered to agricultural, education, governmental, nonprofit, construction, and real estate clients.

“Increasing our footprint in Florida has been a part of our growth strategy for some time,” says William Carr, chairman and MP of CRI. “The Shinn & Company offices in Bradenton and Sarasota coupled with our current Florida offices strategically position our expertise throughout the Gulf Coast making CRI one of the best accounting resources in the state.”

“CRI is one of the fastest growing first-generation firms in the entire country,” says Allan Koltin, CEO of Koltin Consulting Group, who advised both firms on the merger. “Their ability to provide all of the resources that a smaller firm wants and needs, but to do it in a very entrepreneurial and culturally compatible environment is what sets them apart. In that same respect, Shinn & Company is one of Florida’s most prestigious and respected CPA firms, and they felt that CRI’s leadership, technology platform, depth of resources, and innovation were a perfect match for their clients.”

Baldwin CPAs Acquires Louisville Firm

Richmond, Ky.-based Baldwin CPAs (FY16 net revenue of $7 million) acquired Buchenberger Eggers and Spurr of Louisville, Ky., according to The Lane Report. The merger will add two principals, Kathie Eggers and David Buchenberger.

“We are excited about this union because it will allow us to be associated with highly talented people and the latest technologies. We believe this will translate into better service with a wider range of expertise for our valued clients without losing the personal touch you have come to expect from us,” says Buchenberger.

“Dave and Kathie are the type of CPAs we’re pleased to be associated with. We look forward to offering additional services to the clients of Buchenberger, Eggers and Spurr, as well as the expertise that Dave and Kathie add to the Baldwin team,” says Baldwin CPAs managing member Alan Long.

As a full-service accounting firm, Baldwin CPAs provides a wide range of experience and services to a variety of businesses and industries. Baldwin CPAs offers audits, reviews and compilations, bookkeeping and payroll, business consulting, business valuation, estate planning, forensic and litigation services, human resources consulting, outsourced CFO services, peer reviews, retirement plan administration, strategic planning, and tax preparation and planning.

Whittington Jones & Rudert Admits Partner

Marc Hardeman

Marc Hardeman

Whittington Jones & Rudert of Rome, Ga., admitted Marc Hardeman as partner, according to Rome News-Tribune.

Hardeman has been with the firm for more than 10 years, beginning as a staff accountant. He works with individuals and small to mid-size businesses. His experience includes audits in construction, service, manufacturing and non-profit entities; he also performs compilation, review and tax services.

Whittington Jones & Rudert also acquired Robert McWhorter CPA of Summerville, Ga. McWhorter has provided accounting and tax services since 1984 and retired Dec. 31, 2017.

Whittington Jones & Rudert specialize in providing services to medical, real estate, construction, manufacturing, family owned businesses and estate and trust services.

PKF Texas Strengthens Entrepreneurial Advisory Services Team

Houston-based Pannell Kerr Forster of Texas (FY16 net revenue of $24.2 million) acquired D. Supkis Cheek LLP. Owner, Danielle Supkis Cheek will join as a director in the entrepreneurial advisory services department. Additionally, her team members, Karina Israyelyan and Roland Robb will join the firm as senior associates.

“PKF Texas continually evaluates ways to further enhance our client service offerings,” says Byron Hebert, chief growth officer. “With the addition of Danielle and her team, we are strengthening the depth of services we provide to our entrepreneur-owned client base.”

Supkis Cheek has focused her practice primarily on small and medium sized privately held companies in the manufacturing, distribution, professional services and construction industries. She also provides consulting to non-profit entities.

Two Florida Firms Merge

St. Petersburg, Fla.-based Spoor Bunch Franz acquired Strawn Marshall Cunningham Condon & Sweat also of St. Petersburg.

SBF was founded Jan. 2016, with the merger of Spence Marston Bunch & Morris and Spoor & Associates.

“Firm values were long-established by our founders – consistently thinking about people first,” says Steve Bunch, MP of SBF.

“In this merger and with this growth we’re reinforcing a foundation to best serve our clients and our employees,” says W.G. Spoor, partner at SBF.

Rotz & Stonesifer Acquires Butler Gingerich & Company

Chambersburg, Pa.-based Rotz & Stonesifer acquired Butler Gingerich & Company of York, Pa.

Butler Gingerich & Company’s four certified public accountants and three professional staff members will join Rotz & Stonesifer and will retain the York office location.

Butler Gingerich & Company has been serving businesses and individuals in the York area for more than 40 years, specializing in individual and small business tax, and accounting and business valuations.

“Our clients will benefit from Rotz & Stonesifer’s industry expertise and expansive suite of specialty services. We look forward to bringing more value to the local business community,” says Leon Butler of Butler Gingerich & Company.