US firm ParenteBeard has combined with
Philadelphia firm Pressman Ciocca Smith.
ParenteBeard, an independent member of Baker
Tilly International, provides accounting and business advisory
services to middle market and small businesses. The firm has
150 partners and 1,000 employees in Delaware, New Jersey, New York,
Pennsylvania and Texas. Pressman Ciocca Smith adds three partners
and 20 staff members to the firm.
Pressman Ciocca Smith co-managing partner
Rowland Smith said the combination is a ‘win-win’ situation for
both firms’ clients.
“While Pressman Ciocca Smith’s name is
changing to ParenteBeard, clients will still be working with the
same people that they have come to know and trust through the
years. In combining with ParenteBeard, we are positioning ourselves
to strengthen the range of personalised services we deliver,” Smith
said.