Wednesday, January 12, 2011

Accounting and Consulting Firms Morrison, Brown, Argiz & Farra, LLC and ERE, LLP Join Forces

Florida’s largest independent public accountant firm Morrison, Brown, Argiz & Farra, LLC (MBAF) and New York-based accounting and consulting firm servicing the Tri-State area, ERE, LLP, announced today that they have combined. The announcement was made by Tony Argiz, CEO and managing partner of MBAF, and Ira Rubenstein, managing partner of ERE. The union creates one of the top 40 largest accounting and consulting firms in the United States with more than $85 million in annual revenue. As a result, ERE will become MBAF-ERE CPAs, LLC, a division of MBAF.

“We were looking to strategically expand and found a mutually beneficial opportunity with ERE, a strong and valued firm in its markets. With this combination, we are further strengthening our high-level of commitment to client service across multiple markets and industries,” said Tony Argiz, CEO and managing partner at MBAF. “We found ERE’s talented and skilled team of professionals ideally complemented our core practices and corporate culture. By forming one of the most knowledgeable and trusted team of professionals in our industry, we are poised for a bright future as a larger, stronger firm.”

“This unification represents a major milestone for both firms, broadening our practice areas and allowing us to increase our client base in the Southeast markets. To start, it will enhance and strengthen our capabilities so that our current and potential clients will benefit from expanded services and expertise,” said Ira Rubenstein, managing partner of ERE. “It will also increase our reach and visibility, driving growth in both new business sectors and in existing ones. In addition, the combined firm will offer increased career and personal development opportunities for our professionals, cultivating the future accounting and business leaders.”

The combination of the firms also offers expansion opportunities for affiliate consulting firms, Fiscal Management Associates, LLC (FMA) and Solutions@MBAF, LLC. FMA, an affiliate of ERE, focuses on business consulting services to the non-profit sector and has offices in Chicago and New York. It will provide synergy to MBAF’s extensive non-profit accounting and auditing practice. In addition, Solutions@MBAF offers technology consulting services to organizations on a local and international level in networking and communications, software development and integration, business process automation, computer assurance and customer service solutions.

The combined firm will focus on tax and accounting, audit, technology consulting, litigation support, business valuation, fiscal and infrastructure consulting, trusts and estates, and private wealth services. The combined firm will have more than 400 employees and offices in Miami, New York, Baltimore, Boca Raton, Boulder, Chicago, Fort Lauderdale, Orlando, Valhalla and India.

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