A South Jersey accounting firm, Haefele Flanagan Certified Public Accountants and Consultants, announced recently it has acquired Ratner and Associates, a certified public accounting firm near Philadelphia.Maple Shade-based Haefele Flanagan said the partnership will allow for a larger geographical footprint for both firms, allowing for expanded services to clients across the Delaware Valley.
The firms will operate under the Haefele Flanagan name, effective Jan. 12.
“In addition to our strong presence in New Jersey, we have a substantial number of clients in Philadelphia and the surrounding counties, and we wanted to create a partnership that would continue to build on that practice,” said James Rogers Jr., managing partner, Haefele Flanagan. “The team at Ratner and Associates has a solid reputation and a business emphasis that is very compatible with our own. We are looking forward to a shared success as one team.”
“Haefele Flanagan’s approach and attention to excellent client service mirrors our own,” said Stephen B. Ratner, owner of Ratner and Associates, based in Bala Cynwyd, Pennsylvania. “We can now offer a wider array of services to clients, especially to those outside of our traditional service area.” Ratner will continue to serve as a senior client services director in the combined firm.
To ensure a successful transition, the firms used Optimum Strategies to help advise them through the acquisition process.
“Many accounting firms are learning of the benefits of sharing resources, geographies and cross-selling skills,” said Ira Rosenbloom, CEO, Optimum Strategies. “Haefele Flanagan and Ratner and Associates are both trusted names in their markets. They are now even better positioned for strategic growth.”