Maridea Wealth has announced the launch of its dedicated Tax & Business Services unit with the acquisition of Hyperion Accounting Group.

Financial specifics of the transaction remain undisclosed.

Hyperion is headed by David Papotta, who will now lead the new division as director of Tax & Business Services.

Maridea Wealth operates from seven offices across the US and employs over 40 professionals, managing about $1bn in assets.

David Papotta brings more than 20 years of experience in taxation, accountancy, and advisory services to the team.

His background includes structuring businesses, tax strategy development, succession planning, and financial management oversight.

Papotta said: “I’m thrilled to join the Maridea team and lead this new business unit. By combining Hyperion’s deep tax and business-advisory experience with Maridea’s national platform, we’re offering clients a comprehensive service model that aligns every financial, tax, and business decision under one roof.”

The newly established unit is designed to deliver a suite of services including tax preparation and planning for individuals, businesses, trusts, and not-for-profit entities.

In addition, it will provide accounting support, bookkeeping, and options for outsourced CFO and controller roles.

The integration aims to enhance Maridea’s ability to address a broader set of financial needs among its clientele.

Maridea Wealth Management CEO and founder Mier Wang commented: “Merging Hyperion into Maridea represents a major milestone in our commitment to delivering fully integrated financial solutions.

“David and his talented team bring exceptional capability, a client-first approach, and a proven record of excellence. We are excited to welcome them to Maridea and to broaden the value we provide to the individuals, families, and businesses we serve.”