Herbein + Company, Inc. Announces Acquisition of Bumpers & Company
Herbein continues to expand its presence with its first Delaware location
READING, PA (October 29, 2024) – Award-winning CPA advisory firm Herbein + Company, Inc. (Herbein) is pleased to announce the acquisition of Bumpers & Company (Wilmington, Delaware), a full-service accounting and advisory firm, effective October 28, 2024.
This acquisition aligns with Herbein’s strategic plan to expand its extensive presence by establishing its first location in Delaware while continuing to service clients throughout the United States and worldwide.
Based in Wilmington, Delaware, Bumpers & Company has established a strong reputation for more than a century for providing top-tier accounting, auditing, tax, and management advisory services to individuals, small businesses, and professional clients. Managing Partner Douglas S. Kook and Director Chadwick J. Milton will join Herbein as Partners, along with their team of 18 professionals. Upon completion of the acquisition, the Bumpers & Company team will remain at their current location, which will become a new Herbein office.
Herbein CEO David Stonesifer expressed enthusiasm for the merger, emphasizing the firm’s commitment to investing in the region. As a Top 110 CPA advisory firm in the U.S., Herbein brings a wealth of opportunities to Bumpers & Company team members and clients and a shared vision of excellence and professional development.
"We are very excited for the Bumpers team to join Herbein, and the possibilities that lie ahead are immense. We look forward to working with the Bumpers & Company team to help clients succeed with confidence in the Delaware market,” said Stonesifer.
Douglas S. Kook highlighted how the merger will enhance their ability to better support clients:
"Herbein’s depth of knowledge, experience and resources will allow us to better serve our clients and enhance our current service offerings. By joining forces with Herbein, we can offer new opportunities for our people to learn and develop professionally alongside the firm’s exceptional team and broad client base.”
While terms of the agreement have not been disclosed, Chadwick J. Milton emphasized that culture was a key factor in the decision to join Herbein.
“Although Herbein continues to drive success nationally and internationally, it is also well known for its focus on supporting the communities where its teams live and work. After more than 100 years in business, we knew the ‘fit’ had to be perfect for our team, our clients, and our community – and we are confident joining Herbein gives our clients the edge they need to grow their businesses and stay competitive in today’s dynamic business environment.”
About Herbein + Company, Inc. (Herbein)
Herbein + Company, Inc. (Herbein) is an award-winning CPA advisory firm, creating impact nationally and locally since 1972. We build value through exceptional service and innovative solutions and provide client-focused accounting, tax, advisory, HR consulting, wealth management, and risk management services. Our clients benefit from tailored strategies in the communities where they live and work that help them succeed with confidence, today and tomorrow.
Herbein is an independent member of Allinial Global, an accounting firm association of legally independent accounting and consulting firms with offices in North America and throughout the world.
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