Dannible & McKee acquires Binghamton–area CPA firm

SYRACUSE, N.Y. — Dannible & McKee, LLP, a Syracuse–based accounting firm, on Tuesday announced it had acquired an Endicott accounting firm in a deal that took effect Jan. 1.

Sbarra & Company CPAs, P.C. is now operating under the name Dannible & McKee, the Syracuse firm said in a news release issued Tuesday. It didn’t disclose financial terms of the deal.

The merger is part of Dannible & McKee’s “strategic plan to strengthen its position throughout the Southern Tier,” according to the release. The firm is headquartered at 221 S. Warren St. in Syracuse and has 90 employees.

Sbarra & Company CPAs operates at 1701 North St. in Endicott, according to its website.

In the deal, Dannible & McKee adds five employees, including one partner, Thomas Sbarra, the Endicott firm’s president. Of the five new employees, two, including Sbarra, are certified public accountants, according to Jennifer Whalen, marketing director at Dannible & McKee.

Sbarra & Company has been providing accounting, tax, and consulting services to individuals, businesses and nonprofits since 1993. Its expertise ranges from basic tax and accounting services to more in-depth services such as audits, reviews, compilations, financial and tax planning.

“We are very proud of the nearly 25-year history of our firm and recognized that the next step for our team and clients was to merge with a firm as highly respected and renowned as Dannible & McKee,” Sbarra said in the release. “We look forward to offering many new services for our clients and advancement opportunities for our employees.”

Contact Reinhardt at ereinhardt@cnybj.com