The Bonadio Group, a Rochester accounting and business consulting firm, announced today that it has merged with Loguidice and Kamide, an accounting and tax service firm in Syracuse. Financial terms were not disclosed.
The merger is part of Bonadio's growth strategy to become a regional CPA and advisory firm.
"This merger represents another step toward our vision of becoming upstate New York's first mega-regional accounting firm," said Thomas F. Bonadio, managing partner, in a prepared printed statement. The firm will continue its plans to expand throughout New York, focusing next on the Albany market, Bonadio said.
"Our goal was to find a firm in Syracuse with an outstanding reputation and a culture with similar values and client service philosophy."
The combined company will operate under The Bonadio Group name. It brings 12 new employees to Bonadio, increasing the company's work force to more than 220 in Rochester, Buffalo, Syracuse, Geneva and Perry, Wyoming County.
Michael A. Loguidice and Thomas J. Kamide Jr. have joined The Bonadio Group as partners and will head the Syracuse office.