Accounting firm adds on another acquisition

Less than a year after expanding through an acquisition in Miami, one of Richmond’s biggest accounting firms has struck a deal in the Maryland and Washington, D.C., market.

Cherry Bekaert last week purchased the Bethesda, Maryland, office of larger rival CBIZ, in a deal that adds 36 employees to its ranks, including four new partners.

The deal was effective Aug. 1, according to a release from CBIZ. Financial terms were not disclosed.

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