US-based certified public accounting firm S.J. Gorowitz Accounting & Tax Services (SJG) has acquired Reed, Quinn & McClure (RQM) for an undisclosed sum.

The move is expected expand SJG’s service offerings to include special expertise in non-profit audits.

This acquisition aims to strengthen their combined capabilities, especially in serving non-profits, start-ups and entrepreneurial companies.

RQM, a Georgia-based certified public accountant, provides personalised financial guidance and tax management services.

RQM’s service offerings ranges from basic tax management and accounting services to more in-depth services such as audits, financial statements and financial planning.

The company has developed a significant presence in the not-for-profit sector, offering specialised auditing and consulting services.

SJG owner and CEO Greg Silberman said: “With the acquisition of RQM, SJG has expanded its ability to deliver more in-depth services such as audits, financial statements and financial planning.

“RQM brings a reputation for providing detailed research and financial analysis, along with high standards of excellence and professionalism to clients, particularly in the non-profit sector.”

Founded in 1991, SJG engages in providing executive-level accounting, tax and business advisory support, traditionally reserved for larger corporations, to its growth-oriented clients.

Silberman will serve as new managing director at RQM.

RQM’s managing partners and staff will continue to serve the company’s client base.

Silberman added: “By joining forces under the SJG umbrella, our firms can only get stronger together.

“As we look to add staff and additional resources across our two firms, we will have greater capacity to build on our tax planning, business advisory and outsourced CFO offerings.”