Bonadio Group completes Buffalo acquisition

BUFFALO, N.Y. — Rochester–based Bonadio Group announced that it has finalized a merger with Vincent J. Muffoletto, CPA, a smaller western New York CPA firm, effective immediately.

James (Jim) Muffoletto, a second-generation owner of the firm, and three of his colleagues will join Bonadio’s Buffalo office, Bonadio Group said.

“The addition of Jim and his colleagues deepen The Bonadio Group’s roots in Western New York,” Mario Urso, Bonadio’s chairman of the board of directors and Buffalo office managing partner, said in a news release.

 “One of the driving factors behind this merger with The Bonadio Group was to expand our capabilities to better serve our clients,” Jim Muffoletto said. “This agreement provides our employees and clients with access to an even wider range of accounting, financial, and consulting resources and expertise, as well as a network of offices across the state.”

Bonadio said it is upstate New York’s largest independent provider of accounting, tax, and consulting services. With 10 offices and a growing number of employees, Bonadio Group now serves more than 16,000 clients with a variety of accounting, tax, and consulting services.

Founded in 1978, Bonadio is a nationally ranked Top 40 CPA firm. Its offices are in Albany, Batavia, Buffalo, East Aurora, Geneva, New York City, Rochester, Syracuse, Utica, and Rutland, Vermont.

Contact Rombel at arombel@cnybj.com