BlumShapiro announces merger with Needel, Welch and Stone
Posted by AccountingWEB on 2958
Connecticut-based BlumShapiro has announced its merger with the Rockland, MA-based accounting, tax and business consulting firm Needel, Welch & Stone, P.C. (NWS). The merger became official as of January 1, 2011.
BlumShapiro has offices in West Hartford, Shelton, and Westport, and recently was ranked 65th of the top accounting firms in America. BlumShapiro serves as business advisors for middle market companies, non-profit organizations, and government entities, with groups dedicated to serving the government, manufacturing, distribution, retail, construction, non-profit, education, automotive, employee benefits, long-term care, and medical/dental industries.
Since 1964, NWS has provided services to privately owned businesses, non-profit organizations, and individuals, offering a full range of audit, accounting, tax, and business advisory services to a diverse client base located in and around the Boston area, the South Shore, and Cape Cod.
"We are pleased to have NWS, a highly respected and renowned accounting firm, join our team. This new alliance benefits and brings value to the client base of both companies through our expertise and combined knowledge in accounting, tax, and business consulting," Carl Johnson, managing partner of BlumShapiro, said. "Both firms share the culture of personalized service that our clients have come to expect from us, as well as a commitment to the communities in which we live and work. That culture and commitment will be maintained and strengthened with this merger."
BlumShapiro and NWS agree that this merger will enable the combined firms to offer the resources and specialties of a large firm coupled with the responsiveness of a local firm. According Thomas DeVitto, chief marketing officer at BlumShapiro, all existing offices of both firms will remain open. Five partners from NWS bring the total number of partners at BlumShapiro to 44. Carl Johnson remains the managing partner of the merged firm.
"We are committed to making this a seamless transition, and NWS clients will continue to work with the same people and receive the same client-service approach," Carl Johnson said. "This merger strengthens our ability to achieve our mission statement of helping clients to unlock the full potential needed for success."
"NWS will expand their service offerings to mirror BlumShapiro's service offerings. In addition NWS will deepen and expand its industry focus in manufacturing, retail, healthcare, auto dealers, government, distribution, construction, education, and non-profit," DeVitto told AccountingWEB.