Bonadio Acquires Forensic Accounting Firm

Looking to bolster its forensic accounting and consulting capabilities, Pittsford, N.Y.-based IPA 100 firm The Bonadio Group (FY22 net revenue of $135.3 million) has acquired Webber CPA of Rochester, N.Y.

“As we continue to seek new ways to best service clients, this acquisition posed an ideal opportunity for us to advance our forensic accounting and consulting specialties,” says Bonadio CEO Bruce Zicari. “Our new teammates will be an incredible addition and we look forward to welcoming them to our purpose-driven culture.”

Founded in 2015 to provide forensic accounting services – including internal fraud investigations and compliance audits – in financial exploitation cases for non-profits, government agencies, financial institutions and regulatory bodies across the U.S. and U.K., Webber CPA has since expanded its offerings to include personal finance, business and staffing consulting services. As part of the deal, founder and owner Karen Webber will be admitted as a partner in Bonadio Group’s consulting service line.

“From the beginning, Webber’s core values of passion, integrity, honesty, positive attitude and meaningful work have influenced everything we do – from the clients we partner with to the engagements we service,” Webber says. “It was immediately clear to me that The Bonadio Group shares those values, and with the firm’s proven track record of success, I know this acquisition will present great opportunities to enhance the experiences of our team and our clients.”

 

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