M&A roundup: BDO, McCarthy, Baratz and KNAV expand


Details: Baratz & Associates PA, a firm based in Marlton, New Jersey, has added Metter & Company of Conshohocken, Pennsylvania, expanding Baratz’s footprint in Southeastern Pennsylvania.

Financial terms were not disclosed, but the projected revenue of the combined firm is approximately $9 million. Baratz has 65 employees, including 10 partners, while Metter has 5 employees, including one partner. Ira Rosenblum of Optimum Strategies helped arrange the merger.

“With a successful merger just last November, we are pleased to continue our growth plan and add Stan and his team to our Pennsylvania base,” said Baratz managing partner Raymond Giunta, in a statement Monday. “We share similar cultures and commitment to our clients. Our synergies in business consulting and tax planning will allow us to further enhance our client experience.”

Baratz & Associates is a regional accounting and consulting firm founded in 1982. The firm provides accounting, auditing, business acquisition, healthcare consulting, litigation support, tax planning and valuation.

Stan Metter established his firm in 1983. “I am thrilled by the opportunity to join Baratz & Associates,” he said in a statement. “We look forward to working with a larger team in order to maximize the benefits to our clients.”

Metter’s firm focuses on tax planning and business consulting. After the merger, the firm’s accountants and staff will be located in Baratz’s Fort Washington location, doubling the staff in that office.

Baratz is headquartered in Marlton and has two other offices in Bridgewater, New Jersey, and Fort Washington, Pennsylvania. Metter is based in Conshohocken, but the team will be moving into the Baratz office in Fort Washington.

Separately, Michael Lehner also joined Baratz & Associates as director of forensic, litigation and valuation services. He will mainly work out of the Bridgewater location while also expanding his reach into the Delaware Valley.

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