SYRACUSE, N.Y. — Dermody, Burke & Brown, CPAs, LLC, a Syracuse–based accounting firm, has added Barone, Howard & Co., CPAs, P.C., an accounting and consulting firm with offices in New Hartford and Rome.
As of Nov. 1, Barone, Howard & Co. began operating under the Dermody, Burke & Brown name, the Syracuse firm announced Monday.
Dermody, Burke & Brown didn’t release any financial terms of the deal.
The combination of these two firms will “enhance” client-service capabilities by “providing additional resources and expanded services,” Dermody, Burke & Brown contended in a news release.
Barone, Howard & Co. brings “added depth and breadth” to Dermody, Burke & Brown’s New Hartford office, with the addition of four principals with CPA (certified public accountant) credentials and nine associates.
With Barone, Howard’s 13 workers, Dermody, Burke & Brown’s employee count increases to more than 90.
The combination also expands the firm’s geographic footprint with the Rome office.
Barone, Howard & Co.’s New Hartford employees relocated to the newly expanded, 5,000-square-foot office of Dermody, Burke & Brown in New Hartford. The firm is keeping Barone, Howard’s Rome office, expanding the firm’s reach in that area.
“We are proud of our Central New York roots and this merger positions us to be part of the exciting economic growth taking place in the Mohawk Valley,” Madelyn Hornstein, CPA, CEO of Dermody, Burke & Brown, said. “This is a way for us to support our clients, their growth and the development of this region — now and in years to come.”
“This was the right fit for us and our clients based on the mutual values we share,” John Barone, CPA and former managing partner of Barone, Howard & Co., CPAs, P.C., said. “We look forward to expanding our scope of services and footprint.”
About the firms
Founded in 1956, Dermody, Burke & Brown describes itself as “one of the largest, locally owned and independent certified public accounting firms in Central New York.” The firm serves the region from four offices in Syracuse, Auburn, New Hartford, and now Rome. More than 75 percent of the firm’s client base is comprised of closely-held and family owned businesses.
Founded by John Barone and John Howard in 1981, Barone, Howard & Co. has “extensive experience” in privately owned businesses, per the release.
Contact Reinhardt at ereinhardt@cnybj.com