Particulars: Herbein + Co Inc., a Regional Chief agency primarily based in Studying, Pennsylvania, has acquired two different Pennsylvania corporations: Cappelletti, Pinter & Firm P.C., and the LaMastra Group P.C., efficient Jan. 1, 2022.
Cappelletti, Pinter & Co., primarily based in Pottstown, Pennsylvania, is led by Matthew Cappelletti, Jr. As a part of the merger, he’s becoming a member of Herbein as a senior marketing consultant and bringing alongside 4 different workforce members.
The LaMastra Group relies in Royersford, Pennsylvania. It’s led by Carl A. LaMastra, who’s becoming a member of Herbein as a associate, and bringing two different workforce members. All of the places of work will stay at their present areas.
Monetary phrases of the 2 offers weren’t disclosed. Herbein ranked No. 23 on Accounting In the present day’s 2021 Regional Leaders record of the High Companies within the Mid-Atlantic, with $35.89 million in annual income. Final 12 months, the agency had roughly 30 companions and 200 staff.
Final 12 months, Herbein added two different native corporations: Mosteller & Associates, an HR consulting agency in Morgantown, Pennsylvania, and Tubiello-Harr & Associates, a CPA agency in Coopersburg, Pennsylvania.
The offers introduced Thursday assist the agency construct its presence in Better Montgomery County. Herbein re-established places of work in Better Montgomery County in 2016 with the acquisition of Michael L. Cross & Companyin Pottstown.
“Better Montgomery County is a dynamic, affluent space with quite a few vibrant communities,” mentioned Herbein managing associate David Stonesifer in a press release. “Since our mixture with Michael L. Cross & Firm, we now have persistently seemed for alternatives to additional our dedication to the world. Now, we’re delighted to welcome Cappelletti, Pinter & Firm and the LaMastra Group — corporations that share our values and client-centric method — into the fast-growing Herbein household. Like Herbein, Cappelletti, Pinter & Firm and the LaMastra Group assist a wide-ranging consumer base obtain their targets.”
Leaders of each the acquired corporations see advantages in becoming a member of a bigger agency. “We had been searching for a possibility so as to add extra assets to our workforce, in addition to extra methods to assist our purchasers face each the challenges and alternatives created by this traditionally uncommon atmosphere,” Cappelletti mentioned in a press release. “Herbein has terrific expertise in the entire areas we work in, and their workforce’s experience will complement and improve our present service choices, whereas bringing larger bench energy to serve our purchasers.”
“Becoming a member of Herbein is a chance so as to add extra assets to our workforce, in addition to extra methods to assist our purchasers face the challenges and alternatives of the post-COVID period,” mentioned LaMastra in a press release.