Youngstown, Ohio - HBK CPAs & Consultants (HBK) announced today the signing of a conclusive merger agreement under which Resnick, Amsterdam, Leshner, P.C. (RAL) has joined its multidisciplinary financial services firm. The merger represents greater expansion into the mid-Atlantic region for HBK, a Top 100 firm according to the rankings of both Accounting Today and Inside Public Accounting magazines.
“We are pleased to welcome the team of Resnick, Amerstam, Leshner into the HBK family. Clearly a like-minded office, RAL operates on a service philosophy that mirrors our own,” said Christopher Allegretti, CPA, CEO and Managing Principal of HBK.
Allegretti noted that RAL’s leadership has long focused on establishing enduring relationships with clients; a keystone principle of HBK’s, adding that the firm continually pursues expansion through organic growth, as well as strategic mergers and acquisitions.
“We constantly seek collaborations with established firms meeting our high quality and service standards and which foster our own culture and business philosophies,” said James Bartolomei, CPA and Principal-in-Charge of the mid-Atlantic region for HBK.
“HBK is the perfect solution to help us continue our growth. We now have the exetnsive resources of a great regional firm, but can continue to serve our clients at the local level. HBK’s approach in this regard is unique to our industry and provides a unrivaled client service experience,” said Steve Resnick, CPA and Principal of the former RAL. “Our entire team is excited about the opportunities that this merger presents for our clients as well as their careers” said Gary Lowenstern, CPA and Principal of the former RAL.
RAL has served the Blue Bell, Pa. area for the last 32 years. The firm has two dozen employees and its main area of concentration is small and medium-sized businesses with a concentration on entities in the sports industry. “RAL has become known as the Baseball Accountants and we look forward to expanding our expertise and service offerings under the HBK brand,” said Resnick.
RAL’s team will operate as HBK CPAs & Consultants from its current office in Blue Bell. “We’re the same people our clients have always known, offering the same dedicated service. We are taking this huge step forward to benefit our clients, who will receive a greater range of service and expertise to compliment their growing businesses,” said Loewenstern.
Established in 1949, HBK CPAs & Consultants (HBK) offers the collective intelligence of hundreds of professionals in a wide range of tax, accounting, audit, business advisory, valuation, financial planning, wealth management and support services from offices in Ohio, New Jersey, New York, Pennsylvania, and Florida. HBK professionals deliver industry-specific expertise in manufacturing; healthcare (including long-term care); real estate and construction; automotive dealerships and not-for-profit organizations. HBK combines the technical resources and expertise of a large national accounting and professional consulting firm with the personalized attention of a local company.