Top 30 accounting firm UHY is adding to its presence in the St. Louis area by merging in CPA firm Sabino & Co., months after combining with another St. Louis-area firm, Botz Deal & Co.
Financial terms of the UHY/Sabino deal weren’t disclosed. Managing Partner David Sabino and his team of approximately 10 CPAs and other business professionals will relocate to UHY’s office in Maplewood, MO.
Chesterfield, MO-based Sabino & Co.’s roots date back to 1998. The firm’s expertise in serving the real estate and construction industries is a logical fit for UHY’s sector focus in the greater St. Louis market, according to Jerry Townsend, Midwest Region managing director at UHY.
“With its diverse economy and strong entrepreneurial spirit, the demand for high-quality, client-focused accounting services is in even greater demand than ever,” he said in a statement. “This combination represents an exciting opportunity to expand our footprint, deepen our relationships, and deliver even more value to clients. We are excited to welcome the Sabino team and their clients to UHY.”
Having been associated with several national, regional, and local public accounting firms during his career, Dave Sabino made the decision to start his own practice, which in 2023 celebrated its 25th year.
“From the moment I met the team at UHY, it was clear that our firms were aligned in culture, commitment to quality, and client service philosophy,” he said. “When seeking a firm to join, it was important for me to think about where I see my team and our clients in the future. I am confident that UHY will allow us to better serve our clients with more expansive, national services and specialists who can help our team grow.”
UHY said late last year that it had secured an investment from private equity firm Summit Partners, which will support the continued expansion of its team, technology, and client service offerings while helping to accelerate both organic and acquisition-driven growth.
Because UHY operates in an alternative practice structure, the transaction with Sabino & Co. consists of two acquisitions: UHY Advisors acquired Sabino’s non-attest assets while UHY LLP acquired Sabino’s attest assets.
Established in 2000, UHY serves a diverse client base ranging from closely held middle-market companies to Fortune 500 firms, providing tailored solutions to meet each business’s unique needs. In the U.S., the firm operates nearly 40 offices with more than 1,800 professionals, and through its global network, UHY International, the firm is represented in 334 offices across 96 countries.
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