Richey May Acquires Two IT Consulting Firms

Ken Richey

Englewood, Colo.-based Richey May & Co. (FY17 net revenue of $21.5 million) has acquired two IT consulting firms, Arrow Partnership and Corporate Blue.

Arrow Partnership is a nationwide provider of management and IT consulting services, and Corporate Blue is a cybersecurity and managed IT services firm. The two firms will join the recently launched Richey May Technology Solutions division of Richey May.

Both acquisitions will enable Richey May to address the growing IT demands of its clients, including cloud-based managed services, strategic technology management consulting and cybersecurity risk assessments.

“Arrow Partnership and Corporate Blue have excellent reputations for providing a wide range of IT consulting services that span multiple industries,” says Ken Richey, founding partner of Richey May. “As the demand for strategic IT planning and compliance intensifies, these acquisitions will ensure we are able to meet the needs of our clients for years to come.”

Arrow Partnership of Denver specializes in technology management, governance, risk, compliance and security consulting services and digital marketing. Arrow Partnership’s MP and co-founder Chan Pollock will join Richey May as executive director of the firm’s technology consulting practice, while senior practice leader Garry Woods will head up the company’s governance, risk and controls practice.

Corporate Blue, based in Southern California, provides IT security, virtual chief information security officer services, cloud security and managed IT services. Mike Wylie, co-founder and CEO of Corporate Blue, will join Richey May as a director in the firm’s cybersecurity practice.

Richey May Technology Solutions offers the full spectrum of technology solutions, including cloud services, cyber security, marketing technology, governance, risk, controls, privacy and technology management consulting.

MRZ Merger with Baker Tilly To Give Firm Foothold in Houston

Alan D. Whitman

Chicago-based Baker Tilly Virchow Krause (FY18 net revenue of $578.4 million) and Houston-based MiddletonRaines+Zapata (FY17 net revenue of $10.9 million) have announced their intention to merge by the end of the year.

“MRZ is one of the fastest-growing accounting firms in Houston,” Baker Tilly chairman and CEO Alan D. Whitman says. “They are progressive and entrepreneurial and are an ideal partner for us in Houston.”

MRZ is known for its “high-energy, hands-on client experience,” says MP Wesley Middleton. “Joining forces with Baker Tilly gives us national resources and broader capabilities to better serve our clients and provide growth and development opportunities for our team members.”

MRZ’s industry strengths are compatible with Baker Tilly’s, particularly construction and real estate, manufacturing and health care, the firms say. MRZ also specializes in the oil and gas industry. Baker Tilly’s specialization in private equity and tax credits and incentives will be a competitive addition to MRZ’s services in the Houston market.

Allan D. Koltin, CEO of Koltin Consulting Group, advised both firms on the merger. “MRZ represents the type of firm that larger firms dream of aligning with – great leadership, dynamic growth, innovation, young talented professionals and a passion for client service. Wes Middleton and his partners were courted by almost every major CPA firm in the country to become their Houston office. In the end, they loved Baker Tilly’s strategy, culture and leadership and knew it provided the best growth opportunities for their people and clients.”

Dee, Finklang and Hoffmann to be Named Anders Partners

Jeanne Dee

St. Louis-based Anders CPAs + Advisors (FY17 net revenue of $31.8 million) has announced that Jeanne M. Dee, Dave M. Finklang and Scott A. Hoffmann have been accepted into the partnership, effective Jan. 1.

About Jeanne Dee – Dee joined Anders in 2016 as a principal in the audit and advisory services group. She brought her years of experience with serving not-for-profit organizations to Anders, re-energizing the niche and connecting the firm to more not-for-profit organizations in the community.

Dee specializes in audits of financial statements for not-for-profit organizations, government entities, employee benefit plans and closely held businesses. She leads the Anders not-for-profit team, and is a frequent author and speaker on accounting principles and new or changing audit standards.

About Dave Finklang – Finklang joined Anders in 2013 as a supervisor in tax services, and quickly established a growing startup and entrepreneurial services practice at Anders. His business development skills, leadership ability and professional and civic involvement have helped him rapidly progress through the ranks to become a partner of the firm.

 Finklang has wide-ranging, specialized experience in tax planning and compliance, startup services and consulting, and accounting services. Finklang works with entrepreneurs and emerging companies by helping them raise capital, structure their businesses, implement accounting systems and minimize their tax burdens. Finklang was named the youngest 2016 40 Under 40 by the St. Louis Business Journal.

Scott Hoffmann

About Scott Hoffmann – Hoffmann leads the outsourced accounting services group at Anders and manages a team of nine. He was instrumental in starting the technology-backed approach to outsourced accounting and CFO services at the firm, and the group has grown to over $1 million in revenue in a few short years.

 Hoffmann joined Anders in 2011. His previous experience as a CFO and COO to both closely held and publicly traded organizations, has allowed him to be an effective financial leader for small and mid-sized clients. Through the use of the latest cloud-based technologies, Hoffmann provides financial information to his clients in real time, allowing for quick analysis of results and timely decision-making.

Brand Tax Group, Hancock Askew & Co. to Merge

Michael McCarthy

Savannah, Ga.-based Hancock Askew & Co. (FY18 net revenue of $15.7 million) and Brand Tax Group of Tampa, Fla., have announced a merger. Hancock Askew will open an office of Tampa, Fla., in addition to offices in Savannah, Atlanta and Miami.

“This merger allows our firm to further expand our reach into Florida,” says Michael McCarthy, MP of Hancock Askew. “The experienced technical accountants who will join our team from Tampa will allow Hancock Askew to continue increased growth and success in the Southeast region.”

Kristen Brand

Brand Tax Group provides tax, accounting and payroll services and specializes in Florida certified sales tax audits and franchise business services, a statement announcing the merger said.

The merger with Hancock Askew provides Brand Tax Group clients with expanded value and services “while maintaining our signature approach of excellent client service,” says Kristen Brand, managing director of Brand Tax Group.

In Georgia and Florida, Hancock Askew employs over 100 professionals.

Antares Group to Acquire Franchise Group of Gray Gray & Gray

Emmitt W. White

Antares Group of Conyers, Ga., will acquire the Franchise Group with Canton, Mass.-based Gray Gray & Gray (FY17 net revenue of $22.9 million) effective Oct. 1. The combined group will operate under the Antares Group name.

The merger of the two firms brings together two leading CPA firms renowned for their work with restaurant franchisees, including McDonald’s owner/operators across the country. Once the acquisition is complete, Antares Group will represent nearly 1,600 McDonald’s restaurants in 37 states, making it one of the largest CPA firms in the United States that serves McDonald’s owner/operators.

Antares Group has been serving quick-service restaurant owners, small business owners and individuals since 1984. The Franchise Group at Gray Gray & Gray likewise has more than 30 years of experience working with quick-service restaurant owners, full-service restaurants and other business owners.

Antares Group provides comprehensive back office outsourcing, a full-range of monthly accounting services, tax planning and business strategy advice, next-generation planning, purchase and sales consulting, and estate and retirement planning.

“Our combined experience and expertise positions us to pool our resources with the best people and technology to continue to be the leading accounting firm working with McDonald’s owner/operators and small businesses,” says Emmitt White, CEO of Antares Group.

“This opportunity to merge with Antares Group is exciting for us and aligns with our goal of being the premier CPA firm serving restaurateurs and McDonald’s owner/operators,” said Mark Kashgegian, a Gray Gray and Gray partner.

Moss Adams Combines With AsTech Consulting

Seattle-based Moss Adams (FY17 net revenue of $577 million), ranked No. 14 on the 2018  IPA 100 list, is combining with AsTech Consulting on Nov. 1 to improve its cybersecurity consulting practice.

AsTech is a cyber risk management firm that specializes in application and network security, secure development and security training.

“We recognize that our clients have a growing need for help with cybersecurity,” says Eric Miles, PIC of the Moss Adams advisory services practice. “The high-caliber technical expertise at AsTech will be a critical facet in safeguarding our clients’ information technology.”

Founded in 1997 in the San Francisco Bay rea, AsTech initially worked with financial institutions to design and implement secure network solutions. AsTech has evolved into a leading provider of internet application security consulting services, with clients that include one of the largest banks in the United States.

“Moss Adams has a great history, reputation and culture,” says Greg Reber, CEO and founder of AsTech. “In joining together, we’ll be complementing an established security consulting team, adding our expertise in optimizing clients’ application security programs.”

Thirteen professionals from AsTech will join Moss Adams, with Reber joining as partner.

BPM Expands in Southern California With Kramer & Olsen Merger

San Francisco-based BPM LLP (FY17 net revenue of $89.6 million) has announced it is combining with Kramer & Olsen Accountancy Corporation of Santa Ana, Calif.

BPM CEO Jim Wallace says the combined firm, which will operate as BPM, “will bring enhanced career opportunities to our people and greater access to services for our clients.”

Kramer & Olsen provides clients with a variety of accounting and consulting services across a broad range of industries. The firm’s 14 employees will join BPM’s approximately 470 personnel and 40 partners.

“BPM’s brand promise, ‘Because People Matter,’ is what drew us to the firm,” says Kramer & Olsen MP David Jorgensen. “BPM’s strong go-to-market industry concentration and specialized advisory service offerings, combined with our deep roots in Southern California, allows us to serve clients in an extraordinary way – both domestically and internationally.”

Jorgensen will join BPM as partner and will continue to serve as the MP of the existing Kramer & Olsen Orange County office. Founding partner Gary Kramer will join BPM as “Of Counsel.”

Armanino Adds Experts in HR and Business Development to Law Firm Services Group  

Terri Oppelt

San Ramon, Calif.-based Armanino LLP (FY17 net revenue of $242.7 million) has welcomed industry veterans Terri Oppelt as director and Kendra Edson as client relations and marketing manager to the firm’s law firm services group. Both professionals bring unique service capabilities that help law firms maximize operational efficiency and value.

“Terri and Kendra bring deep expertise in issues critical to law firms, such as profitability and HR compliance, to a practice that is unique in the market,” says David Roberts, PIC of law firm services at Armanino. “Our team has decades of experience working with and inside of law firms, providing a wide array of solutions such as outsourced accounting and operations, firm strategy, succession planning, compensation strategies and more. With the addition of Terri and Kendra, we can now offer solutions to meet even more law firm operating needs in areas such as business development, marketing and HR.”

Armanino is the only firm in the western U.S. with a combined consulting and accounting practice that is exclusively dedicated to serving the business needs of law firms

Oppelt consults in all areas of law firm management and operations, including strategic planning, compensation, accounting and billing, administration support strategies, HR and leadership, organizational change, training and retreats.

Edson leads the team’s business development and marketing initiatives. In her role, she oversees efforts to expand and improve relationships with law firm clients and strategically engage new clients.

Marks Paneth Admits Tax Partner

Anthony Delfiner

New York-based Marks Paneth (FY17 net revenue of $131.4 million) has announced the addition of Anthony Delfiner as a tax partner in the firm’s Jenkintown, Pa., office.

Delfiner joins the firm’s commercial business group, which provides customized audit, tax planning and consulting services to clients in a variety of industries, including retail, restaurants, jewelry, manufacturing, wholesale and distribution.

Delfiner specializes in serving high-net-worth individuals and their closely held businesses, with extensive experience in mergers and acquisitions. He frequently assists clients with negotiations related to buying and selling businesses and advising on the tax implications of these transactions. He is also experienced in estate, gift and inheritance tax matters, both at the federal and state levels.

Prior to joining Marks Paneth, Delfiner was a tax partner in the Philadelphia office of a global accounting firm.

UHY Advisors Announces Alliance with A.I.- Powered MinerEye

Yaniv Avidan

Chicago-based UHY Advisors (FY17 net revenue of $140.8 million) announced that the firm has formed an alliance with MinerEye, which uses artificial intelligence to track and protect sensitive data.

UHY, ranked among the top 50 firms in the country, says MinerEye will bolster its risk advisory group.

MinerEye’s Data TrackerTM enables business and government organizations to continuously identify, organize, track and protect vast information assets including undermanaged, unstructured and dark data, for safe and compliant cloud migration.

“Companies cannot protect, manage or utilize information they can’t find,” says MinerEye CEO and co-Founder Yaniv Avidan. “We believe Data Tracker will be an essential solution for UHY clients seeking to continuously automate data classification to reduce redundant data risk as well as complying with GDPR and other privacy regulations.

MinerEye Data Tracker helps companies consolidate internal file server data into OneDrive as part of Office 365 and Azure adoption. MinerEye helps customers swiftly identify, classify and tracking the on-premise data before, during and after it moves to the cloud.

As part of the alliance, UHY will oversee the professional services aspect of the offering, which includes advising clients regarding the implementation of the technology, as well as acting as the point of contact for clients after installation of the product.

“This alliance will add to the cybersecurity services we provide clients and ensure that they are well positioned to safeguard their most critical asset, their data,” Warren Zafrin, the leader of the Risk Advisory Services practice at UHY.