I have some very exciting news to share this morning related to the continued expansion of our firm’s industry expertise and geographic presence.
Effective today, September 1, Bond Beebe, an accounting and advisory firm based in Bethesda, MD, has joined forces with our firm. With annual revenue of $17 million, Bond Beebe is considered one of the country’s premier accounting firms for specialized labor union services, performing benefit plan audits for more than 100 labor union clients. Their professionals also service privately held businesses, not-for-profit organizations, and government agencies. Additionally, they have a strong wealth management practice and will be collaborating closely with members of Withum Wealth Management. Managing Principal, Dave Dorsey, 13 additional partners and approximately 80 other team members will be added to the Withum team roster, and they will remain at their current office location in Bethesda – a mere 2 blocks away from our current Bethesda office – and their second office in Alexandria, VA. We are thrilled with this union as it helps us achieve our long-time goal of having a strong presence in the Greater Washington, D.C. business community.
Growth through mergers and acquisitions is a part of our firm’s long-term strategy to supplement our organic growth. We are so pleased that throughout the firm’s 43 years of history, we have been successful in finding the right strategic partners to help us reach new markets, expand a variety of service areas, and bring aboard so many talented professionals who help provide the world-class service our clients have come to expect every day. We are confident the union with these two reputable firms will continue this legacy of great partnerships.