HBK Acquires Maryland Accounting Firm MKS&H, Establishing First Presence in the State

Date December 1, 2025
Categories

Strategic combining adds specialized expertise, expands mid-Atlantic footprint with Timonium and Frederick offices.

YOUNGSTOWN, OH – HBK CPAs & Consultants, a leading regional accounting and advisory firm, announced today that McLean, Koehler, Sparks & Hammond (MKS&H), a Maryland-based accounting firm, is joining HBK effective December 1, 2025. The combination adds approximately 30 professionals to the HBK team and establishes the firm’s first offices in Maryland through locations in Timonium and Frederick. Ira Rosenbloom of Optimum Strategies advised both firms on the transaction.

Founded more than 80 years ago, MKS&H has built a reputation for delivering comprehensive accounting, tax, audit, and business consulting services to middle-market clients. The firm brings specialized expertise in construction, real estate, manufacturing and distribution, nonprofit services, international tax and accounting, and deathcare—a new industry vertical for HBK.

“This combination represents an important step forward in our strategic growth initiative and marks HBK’s entry into the Maryland market,” said Thomas M. Angelo, Managing Principal and CEO at HBK. “MKS&H shares our commitment to serving clients with integrity and expertise. Their strong reputation in Maryland and specialized industry knowledge will enhance our ability to serve clients across a broader geographic area and bring additional depth to our service offerings.”

The combination advances several key objectives of HBK’s strategic plan, including strategic growth, geographic expansion into new markets, and enhanced industry expertise. MKS&H’s focus on delivering multiple integrated services to clients aligns with HBK’s enterprise approach to client service.

“We are excited to join HBK and provide our clients with access to expanded resources and capabilities,” said Kathleen M. Davis, Managing Partner at MKS&H. “HBK’s values and approach to client service mirror our own, and this partnership allows us to continue serving our clients with the same dedication they expect while offering enhanced expertise and support.”

Under the leadership of Davis, Audit Principal Wayne E. Baldwin, Jr., Tax Principal Jennifer Milas, and Audit Principal Barbara Walker, the MKS&H team will join HBK, bringing deep expertise across multiple industry sectors. Both MKS&H offices will continue to operate under the HBK brand, providing continuity of service to existing clients while establishing HBK’s presence in the Baltimore and Frederick markets.

The integration will focus on aligning systems and processes, facilitating knowledge sharing across the combined organization, and identifying opportunities for collaboration that benefit clients of both firms.

About HBK: HBK provides businesses, their owners and operators a wide range of financial solutions, including accounting, tax, and audit services; wealth management; business valuation; transaction advisory services; forensic accounting; litigation support services; and business consulting, including broad expertise in a number of major industries. The CPA firm dates back to 1949 and added its wealth management practice in 2001. HBK CPAs & Consultants and HBKS Wealth Advisors serve clients out of offices in Columbus and Youngstown, Ohio; Pittsburgh, Philadelphia, Erie, Hermitage, Meadville, and King of Prussia, Pennsylvania; Holmdel, Cherry Hill, and Paramus New Jersey; Baltimore and Frederick, Maryland; Long Island and Fredonia, New York; Fort Myers, Naples, Stuart, Sarasota, and Boca Raton, Florida; and Delhi, India. HBK also ranks in the Top 50 on Accounting Today’s list of the largest U.S. CPA firms; HBKS Wealth Advisors is a Top 100 registered investment advisory.

Media Contact: Loriann Facenda, Director of Communications, lfacenda@hbkcpa.com

 

Speak to one of our professionals about your organizational needs

"*" indicates required fields