Reading, Pa.-based IPA 200 firm Herbein + Company, Inc (FY23 net revenue $52.2 million) has announced the acquisition of Wilmington, Del.-based firm Bumpers & Company, effective Oct. 28.
This acquisition aligns with Herbein’s strategic plan to expand its extensive presence by establishing its first location in Delaware, while continuing to service clients throughout the United States and worldwide.
Herbein partner and CEO David W. Stonesifer expressed enthusiasm for the merger, emphasizing the firm’s commitment to investing in the region. “We are very excited for the Bumpers team to join Herbein, and the possibilities that lie ahead are immense. We look forward to working with the Bumpers & Company team to help clients succeed with confidence in the Delaware market.”
Bumpers & Company director Chadwick J. Milton emphasized that culture was a key factor in the decision to join Herbein. “After more than 100 years in business, we knew the ‘fit’ had to be perfect for our team, our clients and our community – and we are confident joining Herbein gives our clients the edge they need to grow their businesses and stay competitive in today’s dynamic business environment.”
