Lancaster, Pa.-based IPA 100 firm RKL (FY22 net revenue of $111.7 million) has announced a merger with Lancaster-based Kauffman CPA Company. Effective July 1, the merger added further expertise to RKL Virtual Management Solutions’ spectrum of outsourced accounting, financial management, human resources and payroll services.
“For over a decade, Kauffman CPA Company has built strong relationships with small and medium-sized businesses by helping them navigate the day-to-day challenges of managing accounting and financial functions,” said RKL CEO Ed Monborne. “This merger marks a significant milestone in our commitment to helping organizations achieve next-level growth through digitally optimizing and outsourcing their core business operations.”
Since 2013, Kauffman CPA Company has worked with small- and medium-sized businesses, including many in the creative services industry. Their focus is on helping clients get financial clarity by streamlining and automating processes using best-in-class technology and tapping into trusted guidance and day-to-day management from a team of highly experienced accounting advisors.
“Our team from Kauffman CPA shares RKL Virtual’s commitment to excellence, client satisfaction and innovative solutions, which makes this move a natural fit for our firm,” said Doug Kauffman, founder and owner of Kauffman CPA Company.
Approximately 15 Kauffman CPA Company team members, including Kauffman and other key leaders, will join RKL’s nationwide team of over 650 professionals and will be based out of the Lancaster office.
The addition of Kauffman CPA Company to the RKL Virtual, a subsidiary of RKL LLP, bolsters its bench strength and follows recent years of significant growth for the outsourced accounting, financial management, human resources and payroll entity. RKL Virtual comprises a team of nearly 50 professionals.