Details: HBK IT LLC, a member of the HBK family that includes Top 100 Firm HBK CPAs Consultants, has acquired Unicom Solutions Group, a technology consulting firm in Mountainside, New Jersey.
Unicom, established in 1991, offering services to small and midsize private companies, nonprofits and government agencies.
Financial terms of the deal were not disclosed. HBK, short for Hill, Barth King, ranked 56th on Accounting Today’s 2019 list of the Top 100 Firms, with $94 million in annual revenue. The firm, based in Canfield, Ohio, has approximately 80 partners and 480 employees. HBK’s CPA firm dates back to 1949 and added a wealth management practice in 2001. HBK CPAs Consultants and HBKS Wealth Advisors collectively count more than 500 financial professionals.
“We continue to seek out new and innovative ways to transform our organization in this digital world through modern cloud solutions, financial applications, messaging and communications as well as infrastructure and cybersecurity,” said HBK Managing Principal and CEO Christopher Allegretti in a statement.
Unicom will become part of HBK IT LLC, which provides digital transformation, managed services, cybersecurity consulting and enterprise resource planning to clients.
“Bringing Unicom into the HBK family gives HBK IT even greater scale and technical expertise,” stated Tom Angelo, HBK principal in the firm’s Clark, New Jersey, office. “The merger will bring us a team of talented individuals as we continue to grow our advisory services and help our clients use technology to drive the growth of their business in an ever-changing digital world.”
“Joining HBK was precisely the strategic move we were looking to make,” said Unicom founder Roman Sawycky. “It allows us to offer our staff more opportunities for personal development and professional training, and our clients a more complete set of products and services.”
Last year, HBK’s CPA firm merged in Spire Group in Clark, New Jersey, and the sole practitioner firm of Michael Monahan, CPA, in Sarasota, Florida.