West Hartford financial services firm BlumShapiro said Tuesday it has merged with Premier Accounting Group of Marlborough, and anticipates expanding its employee base to more than 500 people.
Financial terms were not disclosed, but the deal became effective Monday.
In addition to its headquarters in West Hartford, BlumShapiro has offices in Connecticut, Massachusetts and Rhode Island, said BlumShapiro CEO Joseph A. Kask. Premier will adopt the BlumShapiro name and will remain based out of its existing offices in Marlborough, he said.
“This merger represents an ideal cultural match for us,” said Kask. “Premier is a long-established, highly respected and trusted name in accounting, and having them as part of the BlumShapiro team means even more value delivered to our clients on a daily basis.” Founded in 2011, Premier specializes in finding outsourced accounting and bookkeeping services.