SobelCo, an accounting and advisory agency with workplaces in Livingston and Woodcliff Lake, on Feb. 1 merged with Minneapolis-based CLA (CliftonLarsonAllen LLP), the eighth-largest accounting agency within the U.S.
The greater than 200 members of SobelCo’s crew will proceed to serve shoppers from their New Jersey workplaces, CLA mentioned within the announcement. The transfer brings CLA’s workforce to greater than 580 staff within the New Jersey, New York and Pennsylvania areas.
No different phrases of the deal have been disclosed.
Sobel
“We selected CLA due to our shared shopper promise and core values,” SobelCo Managing Member Alan Sobel mentioned in a press release. “In becoming a member of CLA, we’re gaining the capability to broaden our crew and strengthen our dedication to grasp the challenges our shoppers face and ship focused enterprise methods to handle these challenges on each a private {and professional} degree.”
Based in 1956, SobelCo supplies accounting, tax and advisory companies to companies. In 2022, the agency was named certainly one of NJBIZ’s Finest Locations to Work in New Jersey.
“SobelCo is acknowledged as a frontrunner in the neighborhood providing a broad vary of helpful companies,” mentioned Scott Engelbrecht, chief geographic officer for CLA. “The crew’s deep business information and multi-disciplinary strategy helps them hold shoppers forward of the curve. I’m excited to welcome the SobelCo crew members to the CLA household as we proceed to broaden our attain into New Jersey, New York, and surrounding areas.”
Allan Koltin, CEO of Koltin Consulting Group, which suggested each corporations on the transfer, described SobelCo as being amongst “New Jersey’s ‘Better of the Finest’ CPA corporations.”
Koltin added, “[T]he SobelCo crew was a lot wanted by most of the regional and nationwide corporations within the Northeast. They selected CLA primarily based on cultural and strategic match.”
CLA employs greater than 8,500 folks and has practically 130 areas throughout the U.S. Its choices embody wealth advisory, outsourcing, audit, tax and consulting companies.
