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New York City firm to merge with the Bonadio Group

By Eric Reinhardt (ereinhardt@cnybj.com)

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The Bonadio Group, a Rochester–based accounting firm that operates an office in Syracuse, says Ganer + Ganer, a New York City–based accounting firm, is merging its operations with Bonadio and will take on the Bonadio name on Nov. 1. (Eric Reinhardt / CNYBJ file photo)

ROCHESTER, N.Y. — Ganer + Ganer, a New York City–based accounting firm, plans to merge its operations with the Bonadio Group, a Rochester–based accounting firm that operates an office in Syracuse.

Ganer + Ganer will begin operating under the Bonadio name as of Nov. 1, per a news release on the Bonadio Group’s website. It didn’t include any financial details of its merger deal.

The transaction will close on Nov. 1, the company tells CNYBJ in an email message.

With more than 800 employees spanning 11 offices, this deal will expand the Bonadio Group’s physical footprint in the New York City metropolitan region. Under the deal Bonadio will add 21 employees and will offer its services “across the entirety of the state.”

“This merger fuels our ambitious growth strategy in alignment with our strategic five-year plan,” Bruce Zicari, CEO of the Bonadio Group, said in the release. “The finance and accounting expertise of the Ganer + Ganer team will be hugely beneficial to our firm, and we’re extremely excited to expand our New York metro presence to continue offering the best-in-class professional services to all of our clients.”

Founded in 1978, the Bonadio Group has offices in Rochester, Buffalo, Syracuse, Albany and beyond, and has steadily grown since 1996, completing 21 mergers since its establishment. The firm describes itself as the “largest independent provider of professional services in Upstate New York.”

Founded in 1974, Ganer + Ganer provides services to help clients with their financial and organizational challenges. Its focus on tax preparation, financial statements, business management and consulting will complement the Bonadio Group’s existing services, the Rochester–based firm contends.

“The Ganer + Ganer team is looking forward to our next steps with The Bonadio Group,” Maxine Ganer, partner at Ganer + Ganer, said. “We are confident that this partnership will only enhance our offerings and the quality of practice for our clientele.”

 

 

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