Accounting & Tax Acquisitions in Pennsylvania

Brentwood-headquartered accounting and business consulting firm LBMC has acquired Torrillo & Associates, a Glen Mills, Pennsylvania-based specialist in employee benefit plan audits. Torrillo will operate as LBMC Philadelphia, expanding LBMC's northeastern footprint and strengthening its employee benefit plan audit capabilities; financial terms were not disclosed.

PKF O'Connor Davies announced the addition of Philadelphia-area Rainer & Company into its national accounting, tax and advisory platform. The four-shareholder firm—with 25 staff—will expand PKF O'Connor Davies' regional presence and deepen capabilities across industries including construction, real estate, manufacturing and employee retirement plans.

Marsico Financial Group has acquired Care Accounting, a Beaver Falls, Pennsylvania-based accounting firm. The deal (financial terms undisclosed) creates a combined 17-employee team and expands Marsico's bookkeeping, payroll, tax and financial reporting capabilities while bringing its advisory services to clients in the Beaver/Pittsburgh area.

Barsz Gowie Amon & Fultz LLC (BGA&F), a full-service accounting and advisory firm, has merged with William E. Howe & Co., effective December 2, 2024. The transaction brings William E. Howe's 13-member team into BGA&F, expanding the combined firm's capabilities and geographic reach across the Greater Philadelphia area.

Pamlico Capital has made a strategic growth investment in Your Part-Time Controller, LLC (YPTC), a Philadelphia-headquartered outsourced accounting firm serving nonprofit organizations. Founder Eric Fraint will retire in early 2024 but remain a significant shareholder and board member, while Jennifer Alleva will become CEO; Fairmount Partners served as exclusive financial advisor and terms were not disclosed.