Councilor Buchanan & Mitchell Merges In Practice of William Blumenauer

Bethesda, Md.-based Councilor Buchanan & Mitchell (FY15 net revenue of $9.8 million) has expanded its tax service capabilities by merging in the practice of William G. Blumenauer, also of Bethesda, effective June 1.

“The professional services he and his team deliver complement CBM’s tax and accounting expertise,” says Peter Reilly, CBM’s president and MP. “We look forward to helping Bill’s clients through a smooth transition and providing them the same first-rate customer service for which we have long been proud.”

For 96 years, CBM has developed a reputation for delivering high-quality services throughout the Mid-Atlantic region for auto dealerships, construction and real estate clients, not-for-profit organizations, professional service entities and family-owned businesses. CBM has grown significantly in recent years by merging in professional services firm Drolet & Associates, providing the firm with a Washington, D.C. office, and Stokes & Company, both in 2014.

“I look forward to joining with CBM,” says Blumenauer, who will serve as a senior tax advisor. “I believe my clients and I will benefit greatly from having the help of CBM’s experienced professionals to back up the high level of service I have worked hard to provide over the years.”

Blumenauer has specialized in delivering tax planning services to individual, attorney, corporate and nonprofit clients, including many facing complex tax situations such as multi-state and/or international filing requirements, as well as estate and gift planning services, since beginning his practice in 2013.

Packer Thomas Acquires Anness Gerlach & Williams

Canfield, Ohio-based Packer Thomas (FY15 net revenue of $8 million) has announced its merger with Anness Gerlach & Williams (AGW) of Youngstown, Ohio.

Packer Thomas, founded in 1923, has two offices, more than 75 employees and serves domestic and international clients throughout the U.S. AGW employs 17 people.

Brian Commons, principal at Packer Thomas, says, “AGW is an excellent firm with a seasoned team of professionals. Given our mutually strong focus on providing high-quality client service and value, and the manner in which our firms partner with clients, it made joining forces very natural. Our culture and reputation are our biggest assets, and we are particularly excited to welcome such a fine group of professionals into our organization.”

According to Thomas J. Anness, principal at AGW, “Packer Thomas is a well-respected firm and an ideal fit for our team and our clients.”

The combined firm will operate in Packer Thomas’ newly expanded Canfield office.

Armanino Adds Team Jenn Corp and The Brenner Group

San Ramon, Calif.-based Armanino (FY15 net revenue of $164 million) has announced that Team Jenn Corp and The Brenner Group are joining the firm’s outsourced finance and accounting practice. Both companies will become Armanino effective June 1.

“The additions of Team Jenn Corp and the integration of The Brenner Group deepen and broaden our finance and accounting offerings for clients by integrating interim controllers and CFOs, executive search and HR services to our existing outsourced capabilities,” says MP Andy Armanino.

The Armanino OFA practice will grow three times larger with this investment. In addition to its expertise in serving the advertising and creative production industries with outsourced accounting solutions, Team Jenn Corp brings new HR services to advise clients on a myriad of needs including hiring, onboarding, handbooks, benefits, compliance and payroll.

The Brenner Group enjoys a 30-year reputation of excellence in providing temporary and permanent part-time/full-time financial leadership to technology companies at various stages in their lifecycle. This combination provides better technology, wider industry experience and one integrated team to help clients from start to finish with their outsourced finance and accounting needs.

“At Team Jenn Corp, we pride ourselves on going the extra mile for clients. We’re problem-solvers and we’ve built a reputation for being our clients’ right hand. That’s why coming together with Armanino is the perfect fit,” says Jenn McCabe, founder and CEO of Team Jenn Corp. “By joining together, we’ll be equipped to consult clients at every stage of their business lifecycle.”

Andries Verschelden, CEO of the Brenner Group, says, “Our technology clients often have a need for several finance solutions, whether it’s financial leadership through an interim CFO or a chief restructuring officer, or a cloud financial reporting technology like Intacct. This change gives clients access to a full suite of back office solutions so they can work smarter and more efficiently.”

Armanino’s aggressive growth is anchored in its pursuit of expanded service lines, technology solutions and specialized expertise, the firm reported. The firm has been listed on INSIDE Public Accounting’s Best of the Best Managed Firms list for 14 out of the last 15 years.

Both Verschelden and McCabe will join Armanino has partners.

Withum Adds IT Consulting Firm, Portal Solutions

Princeton, N.J.-based WithumSmith+Brown (FY16 net revenue of $147.1 million) has combined practices with the IT consulting firm Portal Solutions, expanding Withum’s digital services.

The deal will also add two partners and 31 other team members to Withum, along with Portal Solutions’ two offices, in Bethesda, Md., and Woburn, Mass. Withum has 14 offices and 900 staff members.

“We found the perfect match with Portal Solutions in terms of service expertise and culture,” says Withum MP and CEO Bill Hagaman in a statement.

Portal specializes in digital workplace systems, along with Office 365, Azure cloud technology, data analytics, business process automation and mobile development and security.

Portal Solutions CEO Daniel Cohen-Dumani will join Withum as a partner in its advisory practice. “Withum’s considerable resources will accelerate our expansion in data and analytics solutions, mobile development, security and risk assessment, managed services and modern business applications with Microsoft Dynamics 365,” he says in a statement. “It will also allow us to further expand our overall solution capabilities to offer packaged solutions, such as OneWindow Workplace intranet, in industries such as health care, professional services, non-profits, real estate, financial services and others.”

“Withum’s innovative mindset and value-added approach to servicing its clients was a big attraction to Portal Solutions,” says Allan D. Koltin, CEO of Koltin Consulting Group, who advised both firms on the combination. “Although Portal Solutions was courted by many other Top 30 accounting and consulting firms, they felt Withum’s entrepreneurial culture and ability to grow in the technology area were major strategic advantages in their reaching a decision.”

Marcum Adds Meyers Harrison & Pia

New York-based Marcum (FY15 net revenue of $412.4 million) has announced that it has merged in Meyers Harrison & Pia and Meyers Harrison & Pia Valuation and Litigation Support (MHP).

MHP brings to Marcum 55 partners and staff in New Haven, Conn., and Portland, Maine.

Founded in 1954 in New Haven, MHP is a full-service CPA firm that specializes in complex business valuation, financial forensic and litigation support engagements. MHP partners are speakers, authors and reviewers on valuation and economic damages topics, and serve frequently as court-appointed or jointly retained neutral witnesses in dispute resolution matters.

“Meyers, Harrison & Pia’s deep expertise in valuation and litigation support and its broad offering in traditional tax, audit and accounting make the firm a perfect strategic fit for Marcum,” says MP Jeffrey Weiner in a statement. “MHP CEO Mark Harrison and his partners have built a highly respected practice that is well recognized within the litigation support and valuation specialty.”

Harrison says, “Joining Marcum will give MHP’s clients and staff significantly greater resources as well as access to a deep bench of talent across the firm’s practice areas, including in advisory services. Our combined expertise constitutes one of the strongest valuation and litigation support practices in the country.” Harrison, PIC of Valuation & Litigation Services, will join the Marcum Executive Committee.

The deal also expands Marcum’s geographic footprint in New England, “supplementing our existing New Haven office and giving us a presence in Maine,” says Anthony Scillia, PIC of the New England region. In addition to New Haven, Marcum’s New England offices include Hartford and Greenwich, Conn., Boston and Providence, R.I.

LBMC Acquiring Intacct Practice

Brentwood, Tenn.-based LBMC (FY16 net revenue of $84.4 million) is acquiring Pivotal Bridge’s Intacct practice in Atlanta, folding it into its LBMC Technology Solutions group.

LBMC Technology Solutions specializes in financial and business management software, network infrastructure, software development and cloud-based technology. The acquisition of Pivotal Bridge’s Intacct practice will supplement LBMC’s experience with the cloud-based accounting software and expand LBMC Technology Solutions into the Atlanta market.

“The merger with Pivotal Bridge’s highly experienced Intacct team enables us to serve a larger client base, achieve improved operational efficiency and provide an even wider array of cloud-based financial software and services to organizations in the Atlanta market,” says LBMC Technology Solutions president Stacy Schuettler in a statement.

Gail Rosen Merging into Wilkin & Guttenplan

Gail Rosen CPA of Martinsville, N.J., is merging into Wilkin & Guttenplan of East Brunswick, N.J., (FY15 net revenue of $16.1 million) on June 1, the firm announced.

Gail Rosen CPA will continue to operate under the W&G name from its current office at 2032 Washington Valley Road in the Bridgewater community. Gail Rosen will be shareholder in charge of this new W&G Somerset County office, and several other staff members will join the W&G team. Rosen has more than 30 years of experience in the accounting industry.

Weaver Adds Charles River Associates, Expands Forensics and Litigation Practice

Fort Worth, Texas-based Weaver (FY16 net revenue of $104.3 million) announces the expansion of its forensics and litigation services practice through a transaction with Charles River Associates (CRA), a global consulting firm.

The transaction includes the addition of six new team members to Weaver’s Dallas and Houston offices formally associated with CRA.

Jeff Matthews will lead the practice as the PIC of forensics and litigation services. Matthews brings substantial experience in financial investigations, forensic accounting and litigation support, spending many years practicing in Big 4 accounting firms, as well as state, local and federal government entities.

Guler Ann Wiefling also joins Weaver as a partner. Wiefling specializes in conducting fraud, ethics and Foreign Corrupt Practices Act investigations, regulatory and contract compliance, internal audit and litigation support.

The firm also added Stephen Howard and Veronique Chauveau as directors, and Melyana Melyana and Sunny Chu as senior managers.

“Each professional brings significant experience and nationally recognized clients, which will enable us to grow a national forensics and litigation practice,” says John Mackel, Weaver’s MP and CEO.

“This transaction adds outstanding talent and serves as a key milestone in our strategic plan to expand our expertise and service offerings within Weaver’s advisory services practice,” adds David Rook, COO of assurance and advisory services at Weaver.

Dean Dorton Acquires Metro Medical Solutions

Louisville, Ky.-based Dean Dorton Allen Ford (FY16 net revenue of $25.6 million) has expanded its health care services in Kentucky by acquiring Metro Medical Solutions, a long-standing physician billing and credentialing company located in Louisville.

The new physician billing and credentialing services will be combined with Dean Dorton’s existing health care consulting practice and branded as Dean Dorton Healthcare Solutions.

“We are enthusiastic about the high level of service and expertise Metro Medical Solutions has provided its notable client base and the opportunity to expand services to our current clients, which includes many physician practices,” says David Bundy, president and CEO of Dean Dorton. “Metro Medical Solutions is highly regarded in their ability to maximize reimbursement for physician practices in a short amount of time at a low cost, creating tailored solutions for each client.”

Dean Dorton can now offer a full range of services, from accounting and financial outsourcing to billing and credentialing. “We are now able to handle all back-office functions, which can allow physicians to focus solely on the demands of their clinical practice,” says Adam Shewmaker, director of health care consulting services at Dean Dorton.

January Taylor, president of Metro Medical Solutions, says the merger gives clients a broader range of specialty capabilities, advice and solutions. “In addition, we want to offer more opportunities for our employees and referral partners who are the backbone of our business.”

Dean Dorton Healthcare Solutions includes a team of more than 20 experts who specialize in health care accounting and financial outsourcing, medical billing and credentialing, revenue cycle management, compliance and risk management, technology, human resources and advisory services.

Kinsight Joins Warren Averett Asset Management

Birmingham, Ala.-based Warren Averett Asset Management and Kinsight have joined forces to create the largest fee-only financial planning and investment advisory firm in Alabama, with combined assets under management in excess of $2.2 billion.

Charlie Haines, Kinsight’s founder, is a well-known leader in the financial planning industry across the country and a pioneer in the fee-only field,” said Josh Reidinger, president of Warren Averett Asset Management. “We have like-minded clients – successful and affluent families – and are grateful we can now offer even more ways to help our clients thrive.”

“When we looked at the overlap Warren Averett and Kinsight have in our investment philosophy and portfolio construction approach, a merger made perfect sense,” Haines says.

Kinsight, which advises over 160 families with assets under management in excess of $400 million, will operate under the name Warren Averett Asset Management, and will maintain their location in Birmingham. Eleven people are joining the combined firm. Warren Averett Asset Management has over $1.8 billion in assets under management.