August 20, 2020 — blumshapiro, the largest regional business advisory firm based in New England, with offices in Connecticut, Massachusetts and Rhode Island, and Virginia, today announced a merger with The Brighton Company of Burlington, Massachusetts. The merger, which became official on August 15th, will further expand and fortify blumshapiro’s position as the leading accounting, tax, and advisory firm in the region.
“We continue to look for opportunities to partner with leading firms who are strategically aligned with our firm’s focus on delivering innovative services and thought leadership to the market. Brighton has established itself as such a company and I am excited to have them as part of the blum team,” said Joseph A. Kask, Chief Executive Officer of blumshapiro.
The office will remain based out of its existing location in Burlington, MA. It is blum’s sixth office in Massachusetts, joining others in Boston, Newton, Worcester, Quincy, and North Andover. With this merger, blum expects to expand its employee base to more than 500 people.
“Brighton’s reputation as a leader in financial outsourcing coupled with its deep industry experience with high technology, real estate, life sciences, professional service firms, and manufacturing businesses compliments blum’s client base and provides us the ability to address a growing demand for outsourced financial talent,” said Brian Renstrom, Office Managing Partner of Massachusetts.
Founded in 2003, The Brighton Company offers complete outsourcing of the Chief Financial Officer (CFO), Controller and Accountant functions to early stage and middle market companies. They serve as a virtual finance team, delivering swift, focused expertise as members of the client’s management team. In addition, Brighton can manage day-to-day operational activities, as well as help clients navigate through more challenging events such as audits, mergers and acquisitions, fundraising, and turnarounds.
Speaking for BCO, Co-Founder and Managing Director Mark Zarrow said, “This merger with blumshapiro is an incredible opportunity for us to expand our service capabilities with an organization that shares our professional and personal values. Our two companies provide a complementary set of capabilities that will deliver world-class levels of support and strategic decision making to our clients.
blumshapiro is the largest regional business advisory firm based in New England, with offices in Connecticut, Massachusetts, Rhode Island, and Virginia. The firm, with a team of over 500, offers a diversity of services, which include auditing, accounting, tax, and business advisory services. blum serves a wide range of privately held companies, government, and nonprofit organizations and provides non-audit services for publicly traded companies. To learn more visit us at blumshapiro.com.