Moss Adams acquires Mengali Accountancy
Moss Adams, a national accounting and consulting firm, has acquired Mengali Accountancy, a Healdsburg, CA-based boutique accountancy.
Based in Sonoma County, Mengali Accountancy delivers outsourced accounting and bookkeeping services, real estate fund administration, and high-net-worth family office services, as well as a full range of tax preparation and consulting services. The firm has particular expertise serving clients in the real estate sector.
Mengali Accountancy has a team of more than 40 professionals.
The firm was founded in 2003 by CEO Renee Mengali, who started the company after nine years in accounting, specializing in real estate. She previously served as controller at Jedd-Co Steel, accounting manager at Fidelity Partners, and staff accountant at Morgan Capital Investment Properties.
"We are beyond pleased that Renee and her team will be joining us at Moss Adams," said Mark Steranka, consulting managing partner at Moss Adams. "Mengali has been providing an exceptional client experience for their outsourced accounting services, and they took steps early on to invest resources for streamlining processes to meet their clients' needs. That shared philosophy is one we both take seriously, and we're looking forward to building a more robust consulting team together."
As part of the transaction, the Mengali Accountancy team will join the existing outsourced accounting practice at Moss Adams, effective August 1, 2022.
“I take great pride in strategically aligning with Moss Adams since we've worked together for many years, and we mutually respect one another,” said Renee Mengali. "We value the new growth opportunities on the horizon for our team, knowing that through this combination with Moss Adams, we will have an array of broader consulting services to offer our clients."
Moss Adams is the 12th-largest US accountancy on the 2021 IPA Top 400 list, with $824.7 million in annual revenue. The Seattle-headquartered firm has more than 3,800 professionals across 30+ offices in the US West, South, and Midwest providing a wide range of assurance, tax, consulting, and wealth management services.
“Moss Adams has really seen substantial demand for outsourced services across a variety of industry sectors," said Eric Miles, chairman and CEO of Moss Adams. "This combination strengthens our footprint in meeting client needs with a more robust service platform to accommodate growth; plus, we're bringing onboard a sought-after and trusted team."
