Baker Tilly Expands in the U.S. Northeast with CironeFriedberg Acquisition

Baker Tilly, a consulting, tax, and assurance business, has announced its plans to acquire CironeFriedberg, a well-known CPA and consulting firm based in Connecticut. This purchase increases Baker Tilly's footprint in the U.S. Northeast, improving linkages between New York and Boston. CironeFriedberg, which specializes in

Become a Member

Members have access to all articles.

Membership
tax, accounting, assurance, and business advice services, serves middle-market firms, high-net-worth individuals, and non-profit organizations. The organization has locations in Bethel, Shelton, and Darien, and provides customized solutions in areas including manufacturing, real estate, construction, and healthcare.

Baker Tilly’s Chief Growth Officer, Fred Massanova, emphasized that expanding in the Northeast aligns with the firm’s long-term growth strategy. Tony Cirone, Managing Partner of CironeFriedberg, highlighted the benefits for clients, including expanded resources and innovative solutions while maintaining personalized service. The acquisition follows Baker Tilly’s recent agreement to acquire Hancock Askew, reflecting its commitment to strategic expansion. Backed by private equity investments from Hellman & Friedman and Valeas Capital Partners, Baker Tilly continues to enhance its capabilities across key markets. The transaction was advised by Allan Koltin, CEO of Koltin Consulting, who recognized CironeFriedberg’s strong industry expertise and client relationships as valuable additions to Baker Tilly’s expanding network.

Read more