Withum agrees to acquire Maffei Masiello

WithumSmith+Brown PC said Oct. 19 that it would acquire Masffei, Massiello & Co., adding two partners and 13 staff members to its Whippany office.

Mendham-based MM&Co. will join the buyer’s practice on Nov. 1.

“We could not be more excited to join a firm that aligns so perfectly with our values,” said Steve Maffei, the target’s managing partner. “We are proud to serve a diverse clientele with the highest quality services and continuity of personalization of a small firm. Withum is likewise committed to being a catalyst for clients to achieve exponential growth and success, with an added depth and considerable resources that will augment our already-existing services. This union is the next phase in our story, and we are glad to continue helping our clients reach new levels of success.”

Bill Hagaman, Withum managing partner and CEO. – WITHUM –

MM&Co. provides accounting and audit services, tax and estate planning, management advisory services and mergers and acquisitions consulting. Princeton-based Withum is CPA and advisory firm with annual revenue of $320 million. The firm operates out of 15 offices, including in such financial centers as New York City, Boston, Philadelphia, Washington, D.C. and Orlando.

“Our unique culture is part of what makes Withum such a great firm,” said Withum managing partner and CEO Bill Hagaman. “Steve and his team members understand the importance of culture, trust and transparency when creating opportunities for clients and helping them achieve their business goals. We’re looking forward to sharing in their experience and collaborating on initiatives in the future.”