Rucci Bardaro & Falzone (RBF) of Woburn, Mass., has joined Princeton, N.J.-based WithumSmith+Brown (FY19 net revenue of $223.3 million), bringing five partners and about 30 team members to the firm. The RBF team will remain in Woburn.
MP Bill Rucci says, “Since its inception in 1985, RBF has been committed to providing clients with insightful, custom solutions while encouraging our own people toward superior achievement on behalf of our clients, our profession and themselves. Withum exemplifies the same ‘Withum Way’ philosophy of client-centric, personalized attention and a commitment to excellence which is tremendously important to us.”
Withum MP and CEO Bill Hagaman says the firm has been seeking the right fit in the area. “Finding the right strategic partner located in the Greater Boston business community is an important part of our vision for growth in the Northeast,” he says. “The RBF offices will further enhance our current Boston team, located in the Seaport district, in terms of expertise, geographic location and culture. Their expertise in servicing privately held businesses, not-for-profit organizations and high-net-worth individuals perfectly complements Withum’s current practice areas.”
Rucci says clients will benefit from a wider range of services. “We can now offer enhanced technology and advisory services such as digital workplace solutions and cyber and information security services, as well as robust tax and international services.”
Allan D. Koltin, CEO of Koltin Consulting Group who advised both firms, says, “The ‘Withum Way’ has proven to be a very attractive platform for entrepreneurial firms looking for greater depth and resources. RBF is a well-respected firm in the Greater Boston market that had numerous [larger] firms approach them about combining forces.” Withum plans to expand further into Florida and ultimately open an office in California, he says.
Combined, Withum and RBF serve industries that include construction, technology, financial and investment, health care, law and professional, labor organization, hospitality, life sciences, employee benefits, not-for-profit, manufacturing, consumer products and real estate.
