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Herbein acquires two Montgomery County firms

Herbein + Company Inc. announced Thursday that it has acquired two certified public accounting advisory firms based in Montgomery County. Cappelletti, Pinter & Company P.C., and The LaMastra Group P.C., joined the Spring Township-based firm effective Jan. 1.

Pottstown-based Cappelletti, Pinter & Company is led by Matthew Cappelletti Jr., CPA, who will join Herbein as a senior consultant as part of the merger. The firm, consists of Cappelletti and four team members. Royersford-based The LaMastra Group is led by Carl A. LaMastra, CPA, who will also join Herbein as a partner. The firm consists of LaMastra and two team members.

Herbein re-established its presence in Montgomery County in 2016, with the acquisition of Pottstown-based Michael L. Cross & Company. Herbein Managing Partner David W. Stonesifer, CPA, said that the combinations reflect the firm’s commitment to continuing to invest in the region.

“Greater Montgomery County is a dynamic, prosperous area with numerous vibrant communities,” Stonesifer said in a statement. “Since our combination with Michael L. Cross & Company, we have consistently looked for opportunities to further our commitment to the area. Now, we are delighted to welcome Cappelletti, Pinter & Company and The LaMastra Group — firms that share our values and client-centric approach — into the fast-growing Herbein family.

“Like Herbein, Cappelletti, Pinter & Company and The LaMastra Group help a wide-ranging client base achieve their goals. We’re excited to be joining forces to help businesses across the region succeed with confidence in these uncertain times,” Stonesifer said.

Both teams will remain at their current locations.

“We were looking for an opportunity to add more resources to our team, as well as more ways to help our clients face both the challenges and opportunities created by this historically unusual environment,”  Cappelletti said in a statement. “Herbein has terrific experience in all of the areas we work in, and their team’s expertise will complement and enhance our current service offerings, while bringing greater bench strength to serve our clients.”

“Joining Herbein is an opportunity to add more resources to our team, as well as more ways to help our clients face the challenges and opportunities of the post-COVID era,” LaMastra said in a statement.

In the last year, Herbein has added two other firms – Cumru Township-based human resource organization Mosteller & Associates, and Lehigh County-based CPA firm Tubiello-Harr & Associates.

“While we are growing quickly, we are committed to maintaining our culture and have always been very strategic about who we invite to join our team,” said Herbein CFO Joseph J. Witkowski, CPA, in a statement. “We are known across our communities as one of Mid Atlantic’s most-trusted accounting, tax and business consulting firms, so we are excited to welcome two very well-respected practices into the Herbein family. Our cultures and values are well-aligned, and we share the same entrepreneurial, trusted approach to doing business.”

“The pandemic has created a unique environment in which we’re experiencing growing demand from businesses looking for help navigating the changes they’re facing,” added Stonesifer. “This merger truly is a win-win for both our firms and the Greater Montgomery County / Route 422 market, as we will be able to reach and support more of those organizations. We’re thrilled to welcome the Cappelletti and LaMastra professionals into the Herbein team.”

Source: Berkshire mont

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