SYRACUSE, N.Y. — Dannible & McKee, LLP, a Syracuse–based accounting firm, on Monday said it has completed its acquisition of a firm in Cayuga County.
Buffington & Hoatland CPAs, PLLC is a certified public accountant (CPA) and consulting firm located in Auburn.
The acquisition takes effect Tuesday, Dannible & McKee said in its Monday announcement. Buffington & Hoatland CPAs will officially operate under the Dannible & McKee, LLP brand.
Dannible & McKee didn’t provide any financial terms of the deal. The acquisition is part of its “strategic plan to strengthen its position” throughout Central New York, the Syracuse firm noted.
Besides its Syracuse headquarters, Dannible & McKee also operates offices in Vestal and Schenectady.
The acquisition will add seven employees, including two partners, to Dannible & McKee, and the firm will maintain its current location in Auburn. Buffington & Hoatland CPAs has been providing accounting, tax, and consulting services to individuals and businesses since 2009.
“We are very proud of the nearly 13-year history of our firm and recognized that the next step for our team and clients was to join with a firm as highly respected by their clients and within the community as Dannible & McKee,” Elaine Buffington, managing partner of Buffington & Hoatland CPAs, said in a statement. “We look forward to offering expanded specialized services and deep industry insights for our clients and advancement opportunities for our employees.”
Buffington will continue to practice as a partner at Dannible & McKee. She has more than 35 years of experience in both private and public practice. Alice Hoatland will continue to serve as a consulting partner. Hoatland has more than 40 years of experience as a CPA in small-business consulting and taxation.