UHY announced that they have expanded their presence in the Northeast with the combination of the certified public accounting firm Paresky Flitt & Company, LLP (“Paresky Flitt”), located in Wayland, Massachusetts. The combination of firms brings Paresky Flitt’s deep history in Massachusetts to UHY’s existing presence spanning ten Northeast U.S. locations in New York, Connecticut, and New Hampshire. Nationally, UHY employs over 1,600 professionals in 38 U.S. offices.
This combination will allow Paresky Flitt to offer a wider array of services and subject matter expertise to their valued clients and prospective new clients. Founded in 1987, Paresky Flitt has operated under the pillars of having no hidden agenda, a solid business acumen, and a foundation of mutual trust. This is well aligned with the principles that UHY adheres to.
David Lorenzi and Mike Okenquist will continue as Managing Partners of the Wayland, MA office and all 25 Paresky Flitt employees will be employed by UHY. “We place a high value on building strong relationships with our clients and team members, just like UHY,” said Lorenzi. “We are there when our clients need us - even when they don’t think they do. In other words, we anticipate potential issues and help develop solutions before they become headaches for our clients and their businesses. I am excited to be able to now deliver an even greater suite of services to our clients as a part of UHY.”
“As we looked to reenter Massachusetts, it was important to team up with a local firm that has values similar to UHY’s. I knew when I met with David and Mike, as well as the leadership team at Paresky Flitt that there was a clear connection between our firms and our service philosophies,” said Michael Mahoney, Northeast Region Managing Director, UHY/professional/michael-mahoney. “We are thrilled to now have a presence in Massachusetts with a reputable firm that takes client service as seriously as we do and is ranked as one of the largest accounting firms in Massachusetts. I can’t wait to start working with this talented group of professionals.”
Read coverage of our combination in these publications:
- Accounting Today, "UHY merges in Paresky Flitt"
- Bloomberg Tax, "Audit Firm UHY Expands Its Northeast Presence With Acquisition"
- CPA Practice Advisor, "UHY Combines with Paresky Flitt in Massachusetts"
- Worcester Business Journal, "Wayland firm merges with national accounting business"
- Boston Business Journal, "Large national accounting firm UHY acquires Paresky Flitt"
- CFO Dive, "UHY enters Massachusetts with acquisition"
01/08/2024
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