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.
