YHB acquires accounting and consulting firm Woodcock & Associates

YHB, a Winchester, VA–based accounting and consulting firm, has acquired Woodcock & Associates, a Fredericksburg, VA–based accounting and consulting firm with particular expertise in the construction industry.

Founded in 1996, Woodcock & Associates provides assurance, tax, management consulting, and outsourced CFO services to businesses and individuals in the Greater Washington-Richmond Corridor. The firm has particular expertise serving medical practices and construction industry clients.

YHB’s acquisition of the firm strengthens its construction industry offering. The strategic acquisition adds 12 professionals to YHB, while also giving the firm its eighth office in Virginia.

"Woodcock & Associates has been an invaluable resource to clients in the construction industry since its founding. We are excited to combine both teams experience and skill set," Scott Moulden, managing partner of YHB, said. "We expect the Woodcock team's capabilities to enhance our already rapidly expanding construction industry niche."

YHB was founded in 1947, and delivers accounting, audit, tax, and a range of consulting services, including business consulting, risk advisory, litigation support, and human resources consulting. The firm serves individuals, estates, trusts, and a variety of industries, including agribusiness, healthcare, manufacturing, government, and construction.

"Both YHB and Woodcock have had a friendly relationship for many years. We knew the quality of work and relational approach they took to delivering client service," said Jeanette Woodcock, managing partner and president of Woodcock & Associates. "In addition, YHB has a large multi-regional presence with offices spread throughout, allowing us access to new markets. This provides our team with additional resources and specializations, which we see as a huge combined strength from the merger."