Baker Tilly (US) has announced its intent to acquire CironeFriedberg, a highly respected CPA and advisory firm in Connecticut. This strategic move strengthens Baker Tilly’s foothold in the north-east, enhancing its presence and connectivity between the key markets of New York and Boston.
The acquisition is the latest in a series of strategic expansions, fuelled by Baker Tilly’s private equity investment from Hellman & Friedman and Valeas Capital Partners. This momentum underscores the firm’s commitment to accelerated growth and long-term success. Just last week, Baker Tilly announced its intent to acquire Hancock Askew, further demonstrating its dedication to expanding across high-impact markets and delivering greater value to clients.
Speaking on this latest acquisition, Fred Massanova, Baker Tilly’s chief growth officer and managing principal – Eastern US, said: “Expanding in the north-east is a critical step in our long-term growth strategy. CironeFriedberg brings a wealth of experience and industry expertise, further solidifying our commitment to this market.”
Tony Cirone, managing partner of CironeFriedberg, said: “Joining Baker Tilly (US) is an exciting opportunity for our firm and clients. The expanded reach and additional resources will allow us to provide even greater value and innovative solutions while maintaining the personal service our clients have come to expect.”
Francesca Lagerberg, CEO of Baker Tilly International, said: “Baker Tilly has always been driven by ambition and going all in to help our clients shape a bold future. This latest acquisition by Baker Tilly (US) exemplifies our dedication to strategic growth and strengthening our ability to deliver exceptional value in key markets."
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