ROCHESTER, N.Y. — The Bonadio Group on Wednesday announced that a Dallas accounting firm is combining its operations with Bonadio in a deal that will become official on Nov. 1.
Bonadio sees the combination with Howard, LLP as one that “strengthens its commitment to the Dallas–Fort Worth metroplex,” per the Wednesday announcement. It didn’t divulge any financial terms of its agreement with Howard.
The Bonadio Group, which is headquartered in Rochester, describes itself as the largest independent provider of professional services in upstate New York. It operates an office at 432 N. Franklin St. in Syracuse.
When the deal goes into effect, all 85 employees of the Dallas–based CPA firm will join the Bonadio Group and Howard, LLP will begin to operate under the Bonadio Group name, the firm said.
The Bonadio Group opened its Dallas office in October 2018, “based on increased client needs and the potential for growth in the robust regional business environment,” Bonadio said. Combining with Howard “represents a continuation” of the Bonadio Group’s ongoing growth strategy, which includes the “expansion of both capabilities and footprint.”
Tim Pike, CEO of Howard, LLP, will serve as regional managing partner of Bonadio’s Dallas location and a member of the firm’s board, effective Nov. 1. Pike joined Howard, LLP, in 2004 and has served as CEO since 2021.
Howard, which was founded in 1973, provides experience in tax and compliance services including business, individual, estate, and franchise-tax planning. Those tax capabilities “complement” the Bonadio Group’s assurance and advisory and consulting services, providing clients with “enhanced offerings, capabilities, and expertise to help optimize business performance,” the firm contends.
“Howard features a strong roster of clients across multiple industries, a team of outstanding professionals, a culture that mirrors our core values, and an excellent reputation in the Dallas–Fort Worth metroplex,” Bruce Zicari, CEO of the Bonadio Group, said in a release. “For those reasons and more, Howard is the ideal CPA firm for us to join with as we seek to provide superior service for our clients and increased development opportunities for our people. We’re thrilled to welcome Howard to The Bonadio Group.”