Hungerford Nichols CPAs + Advisors, a agency based mostly in Grand Rapids, Michigan, is including Ferris, Busscher & Zwiers PC, a agency in Holland, Michigan, efficient Could 1.
Monetary phrases of the deal weren’t disclosed, however the mixed agency is anticipated to have annual income of $22 million. Hungerford Nichols has 130 employees members, together with 11 shareholders, whereas FBZ has 22 staff, together with three companions.
FBZ companions Invoice Borgman, Doug Rotman, Tony Zwiers and their employees are becoming a member of Hungerford Nichols however will proceed to function from their Holland workplace. Borgman will grow to be a principal at Hungerford Nichols, whereas Rotman and Zwiers will grow to be shareholders.
Courtesy of Hungerford Nichols CPAs + Advisors
“We’re excited to have Invoice, Doug, Tony and their crew be a part of us,” stated Hungerford Nichols managing shareholder Tom Prince in a press release Wednesday. “They’re an ideal match with our tradition, demonstrating a excessive stage of dedication to their staff, purchasers, and the group. All of us strongly agree that the merger strengthens our capacity to serve our purchasers in Holland in addition to appeal to new ones alongside the lakeshore and all through West Michigan.”
Hungerford Nichols is among the largest regionally owned and unbiased CPA and advisory companies in West Michigan and has been serving purchasers since 1941. Apart from the Grand Rapids headquarters and its new Holland location, the agency additionally has workplaces in Greenville, Muskegon and St. Joseph.
“I can not thank our purchasers sufficient for his or her loyalty and assist of our agency,” Borgman stated in a press release. “We now have been on the lookout for the perfect match agency with a robust popularity and deep experience to merge with for fairly a while that will allow us to have a seamless transition. I’m assured that our merger with Hungerford Nichols will present our purchasers with the identical wonderful service, and we’re honored to accomplice with them.”