New Jersey Accounting Firm Merges with HBK

CANFIELD, Ohio – HBK CPAs & Consultants has signed a merger agreement with New Jersey-based Spire Group, expanding the accounting firm’s presence in the mid-Atlantic, including offices in Princeton and Cherry Hill, N.J., and Blue Bell, Pa.

“We are excited to welcome these proven leaders to our growing team,” said Christopher M. Allegretti CEO and managing principal of HBK, in a release. “The Spire Group has succeeded at building an award-winning culture and growing a highly-respected office in a very competitive market. And their successful IT practice is proof of their innovative and entrepreneurial practice style.”

Spire employs 50, five of whom will join HBK as principals. In 2017, Inc. magazine named the accounting firm as of the Top 50 Best Workplaces, while Accounting Today has named Spire as one of its Best Place to Work for four consecutive years.

In addition to its tax, advisory and assurance departments, Spire also operates Spire IT. Founded in 2010, it provides businesses with technology consulting services.

“The Spire Group was built on the pillars of client service, entrepreneurship and a culture that is centered around our team members’ success,” said Spire managing principal Tom Angelo. “We found those same pillars in the HBK family. We are excited to be able to bring our talents and expertise to scale collectively with the breadth and depth of HBK. Together, we will bring tremendous opportunities to our clients and our team members in the years to come.”

Copyright 2022 The Business Journal, Youngstown, Ohio.