Accounting & Tax Acquisitions in Ohio

BELAY, a U.S.-based virtual staffing and outsourced services provider, has acquired Fully Accountable, a Fairlawn, Ohio outsourced accounting firm that serves eCommerce and digitally native brands. The deal expands BELAY's financial solutions capabilities (including fractional CFO and ecommerce accounting) and is supported by BELAY's private equity backer, Tenex Capital Management.

UHY announced it is expanding into the Ohio market through the combination with Cincinnati-based certified public accounting firm Flynn & Company. Flynn & Company's managing partner Richard T. Flynn and his team will join UHY and establish the firm's first Cincinnati office, enhancing UHY’s regional presence and service capabilities.

TriNet has sold its wholly owned subsidiary TriNet Clarus R+D to Arvo Tech, transferring the Clarus tax team, service model, and proprietary R&D tax credit software to Arvo Tech. Terms were not disclosed; TriNet will continue to provide R&D tax credit solutions to customers under a five-year agreement while divesting the business to focus on core HR offerings.

Citrin Cooperman has acquired substantially all the assets of HW&Co., an Ohio-based accounting and advisory firm, adding 14 partners and over 140 employees to its platform. The deal expands Citrin Cooperman's Midwest footprint and broadens its audit, tax and advisory capabilities across industries including healthcare, nonprofit, real estate and manufacturing & distribution.

Lovell Minnick Partners (LMP) has made a strategic growth investment in Cohen & Company, a national assurance, tax and business advisory firm. The minority growth capital will support Cohen & Company’s technology investments, expansion of service offerings, and broader strategic growth plan, while enabling an increase in employee equity ownership under a new alternative practice structure.

Columbus-based GBQ Partners LLC acquired Cincinnati-based Wirth Lowe Wissemeier CPAs Inc. (WLW), effective Dec. 16, 2024. As part of the deal, WLW partners Glenn Wissemeier and Beth Herman joined GBQ as partners as GBQ expands its Cincinnati presence and advisory capabilities.

Sikich LLP has signed an agreement to acquire the operating assets of Thornhill Financial, LLC, a Cleveland-based accounting firm that provides tax, audit and financial advisory services. The deal expands Sikich's presence in the Northeast Ohio market and will allow the Thornhill team to continue operating from the Cleveland-Akron area while integrating with Sikich's local resources.

Cincinnati-based Panoptica Financial has joined regional accounting and advisory firm Brixey & Meyer, effective October 30, 2023. The acquisition expands Brixey & Meyer’s Cincinnati market presence and augments its accounting, CFO and advisory capabilities for growth-oriented clients.

Core Support Partners, a Medina, Ohio-based provider of outsourced HR, accounting, legal and back-office services, acquired New Vision Bookkeeping & Payroll, an Ohio-based bookkeeping and payroll services firm that also provides accounting and software implementation services. New Vision will operate as a Core Support subsidiary and continue to be led by founder Jacque Nuske, expanding Core Support's service offering to franchises, entrepreneurs, and small- to mid-market clients.

Miamisburg-based accounting and advisory firm Brixey & Meyer acquired Columbus-based LAMP CFO & Accounting Services effective October 2020. The deal expands Brixey & Meyer’s presence and CFO services capability in the Columbus market and brings LAMP founder Jonathan Harrington into the firm.