Newport News, Va.-based IPA top 100 firm PBMares (FY23 net revenue of $80.4 million) has announced its merger with Fairfax, Va., accounting and tax firm BSB CPAs + Advisors as of Oct. 1. In the deal, PBMares adds five partners for a combined roster of 60 partners, which formally takes place on Jan. 1, 2025.
“From the very beginning, it’s been clear that BSB and PBMares share the same values and approach to client service. Culturally, it’s a great fit. And as our industry transforms and evolves, we both believe we can bring greater value and enhanced services to our clients by aligning services and sharing infrastructure,” said Harvey Johnson, CEO and partner at PBMares. “With the addition of BSB, PBMares also has the opportunity to expand and enhance our existing presence in the Washington, D.C. metro area.”
Debbie Harris, MP of BSB CPAs + Business Advisors, commented, “PBMares shares the same services, industry niches and market footprints – and then adds to it. This was an important consideration for BSB clients. The accounting profession is changing, and aligning with PBMares allows us to keep pace with those changes while expanding the value we can offer to our clients.”
