Particulars: Moss Adams LLP, a Prime 20 Agency primarily based in Seattle, expanded in California with two mergers: Mengali Accountancy Inc. in Healdsburg and Sousa & Weber in Los Angeles.
The mix with Mengali was introduced Wednesday and can take impact Aug. 1. Mengali Accountancy is a boutique consulting agency that focuses on the true property business. As a part of the deal, its founder and president, Renee Mengali, together with principals Debbie Warren and Keith Hollander, will be part of Moss Adams. Monetary phrases of the offers weren’t disclosed. Mengali has 46 workers, who will all be becoming a member of the Moss Adams staff. Moss Adams has greater than 3,800 workers and over 350 companions. Moss Adams ranked No. 12 on Accounting Right now’s 2022 checklist of the Prime 100 Companies, with $954.53 million in annual income.
“I take nice delight in strategically aligning with Moss Adams since we’ve labored collectively for a few years, and we mutually respect each other. It’s a simple alternative and transition for us,” mentioned Renee Mengali in a press release. “We worth the brand new progress alternatives on the horizon for our staff, figuring out that via this mixture with Moss Adams, we may have an array of broader consulting companies to supply our shoppers.”
Final week, Moss Adams introduced a mix with Sousa & Weber, a public accounting, tax and enterprise advisory agency. That deal additionally takes impact Aug. 1, 2022, when eight professionals from Sousa & Weber, together with its two founding companions, will be part of Moss Adams.
“Moss Adams has seen stable progress in Southern California and throughout our key markets,” mentioned Moss Adams chairman and CEO Eric Miles in a press release. “We proceed to judge areas of focus the place our shoppers want and wish us to be. This mix, and the addition of their proficient professionals, falls in keeping with that core technique.”
“By aligning with Moss Adams, we’ll strengthen our give attention to the issues that matter to our shoppers whereas persevering with to supply expanded enterprise advisory capabilities,” mentioned Wealthy Weber, a companion with Sousa & Weber, in a press release.
“Wealthy and I took our time on the lookout for the correct match for our workers and shoppers,” mentioned Sousa & Weber companion Ken Sousa in a press release. “It was vital to each of us to discover a agency that values and empowers workers to thrive long-term.”
Final June, Moss Adams merged within the Candace Group, a threat administration advisory agency in Salt Lake Metropolis, Utah.