The Bonadio Group Acquires Western New York Firm
Wednesday, November 15, 2017
Source: Inside Public Accounting
Pittsford, N.Y.-based The Bonadio Group (FY17 net revenue of $92.1 million) acquired Vincent J. Muffoletto of Buffalo, N.Y. Second-generation owner, Jim Muffoletto, and three of his colleagues will join The Bonadio Group’s Buffalo, N.Y., office.
“They’ve earned a top-notch reputation in western New York for their expertise in foundations and other high-profile clients. Our clients will benefit from the significant capabilities this team brings to The Bonadio Group,” says Thomas Bonadio, CEO.
“Serving our clients has been a top priority since my father started the firm in 1958,” says Muffoletto. “One of the driving factors behind this merger with The Bonadio Group was to expand our capabilities to better serve our clients. This agreement provides our employees and clients with access to an even wider range of accounting, financial, and consulting resources and expertise, as well as a network of offices across the state.”