Seattle-based IPA 100 firm Moss Adams LLP has acquired boutique real estate consulting firm Mengali Accountancy Inc. of Healdsburg, Calif.
“Fundamentally, this alignment is a natural fit – we both value our talented employees and prioritize our clients’ needs,” says Moss Adams chairman and CEO Eric Miles. “Moss Adams has really seen substantial demand for outsourced services across a variety of industry sectors. This combination strengthens our footprint in meeting client needs with a more robust service platform to accommodate growth; plus, we’re bringing on board a sought-after and trusted team.”
Founded in 2002, Mengali specializes in back-office accounting, bookkeeping and tax preparation services for clients primarily in the real estate industry, including developers, syndicators, private equity funds, real estate investment trusts and high-net-worth individuals. The Mengali team will join the existing outsourced accounting practice at Moss Adams, with plans to grow its service offering across a variety of industry sectors.
“I take great pride in strategically aligning with Moss Adams since we’ve worked together for many years, and we mutually respect one another,” adds Mengali Accountancy president Renee Mengali. “We value the new growth opportunities on the horizon for our team, knowing that through this combination with Moss Adams we will have an array of broader consulting services to offer our clients.”