Firm Management
The Bonadio Group Acquires Webber CPA
With more than 850 employees spanning 10 offices, this expansion adds to The Bonadio Group’s Rochester footprint.
Mar. 06, 2023
The Bonadio Group, a nationally ranked Top 50 CPA firm and the largest independent provider of professional services in Upstate New York, has announced the acquisition of Rochester-based accounting firm, Webber CPA, which will now operate under The Bonadio Group name. The acquisition aligns with The Bonadio Group’s strategic goals to continuously enhance service offerings and capabilities and seek opportunities for growth.
Webber CPA was founded in 2015 to provide forensic accounting services, such as internal fraud investigations and compliance audits, in financial exploitation cases for nonprofits, government agencies, financial institutions, and regulatory bodies across the U.S. and the U.K. The firm has since expanded its offerings to include personal finance, business, and staffing consulting services, which add significant value to The Bonadio Group’s existing suite of services.
“As we continue to seek new ways to best service clients, this acquisition posed an ideal opportunity for us to advance our forensic accounting and consulting specialties,” said Bruce Zicari, Chief Executive Officer, The Bonadio Group. “Our new teammates will be an incredible addition and we look forward to welcoming them to our purpose-driven culture.”
As a part of the acquisition, Karen Webber, founder and owner, Webber CPA, joins Bonadio as a Partner in the Consulting Service Line, bringing with her years of leadership experience and expertise in fraud and forensics. Karen is also the founder of FraudFindr, a forensic accounting software solution that will add to the firm’s existing portfolio.
“From the beginning, Webber’s core values of passion, integrity, honesty, positive attitude, and meaningful work have influenced everything we do – from the clients we partner with to the engagements we service,” said Webber. “It was immediately clear to me that The Bonadio Group shares those values, and with the firm’s proven track record of success, I know this acquisition will present great opportunities to enhance the experiences of our team and our clients.”
With more than 850 employees spanning 10 offices, this expansion adds to The Bonadio Group’s Rochester footprint. Founded in 1978, the firm has offices in Rochester, Buffalo, Syracuse, Albany, N.Y.C. and beyond, and has steadily grown since 1996, completing more than 20 mergers and acquisitions since its establishment.