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Firm Management

SingerLewak Merges In Puget Sound Area CPA Firm

Bremerton, WA-based Hearthstone CPA Group will keep its name but operate as Hearthstone CPA Group, a division of SingerLewak.

Los Angeles-based SingerLewak, a top 100 accounting firm in the U.S. based on revenue, is combining with Bremerton, WA-based firm Hearthstone CPA Group, the firms said on Aug. 1.

Hearthstone CPA Group will keep its name but operate as Hearthstone CPA Group, a division of SingerLewak. Financial terms of the deal were not disclosed.

“SingerLewak has built a reputation for excellence by providing expertise in accounting, tax, and advisory services in key business sectors and industry specializations, including closely held businesses, not-for-profit organizations, public companies, investor-backed businesses, credit unions, individuals, franchises, international and governmental organizations. Combining with Hearthstone CPA Group is a logical next step for us in expanding our reach and capabilities in the Puget Sound region,” SingerLewak Managing Partner Jim Pitrat said in a press release. “We have built a highly entrepreneurial business model. Our goal is to continue to build on a platform where business owners, emerging companies, and international and public companies can turn to us for innovative solutions for their growing businesses.”

Established in 1986, Hearthstone provides traditional tax, accounting, advisory and consulting services, as well as fraud investigations and M&A services.

“Since our early beginning in 1986, we have been committed to delivering superior service to our clients, supporting our staff, and serving in the communities, in which we reside. Combining our operation with the resources and enterprising spirit of SingerLewak allows our firm to scale our reach and range of services so that we may continue delivering superior value to our clients,” said Hearthstone President Neal Williams. “We are proud to continue this legacy with SingerLewak. Together, we are certain our mutual commitment to excellence will bring value-added resources to our clients on a much broader scale.”

Hearthstone’s staff will continue working in the firm’s Bremerton office. SingerLewak has more than 400 professionals located throughout 14 offices in six states.