Firm Management
Armanino Acquires HR and Financial Staffing Firms
Armanino LLP, one of the top 25 largest accounting and business consulting firms in the U.S., today announced deals to acquire Team Jenn Corp and integrate The Brenner Group to its growing outsourced financed & accounting practice.
May. 10, 2017
Armanino LLP, one of the top 25 largest accounting and business consulting firms in the U.S., today announced deals to acquire Team Jenn Corp and integrate The Brenner Group to its growing outsourced financed & accounting practice. Both companies will become part of Armanino effective June 1, 2017.
“The addition of Team Jenn Corp and the integration of The Brenner Group deepen and broaden our finance and accounting offerings for clients by integrating interim controllers and CFOs, executive search, and HR services to our existing outsourced capabilities,” said Armanino LLP managing partner Andy Armanino in a statement.
The Armanino OFA practice will grow three times larger, with this investment. In addition to its expertise in serving the advertising and creative production industries with outsourced accounting solutions, Team Jenn Corp brings new HR services to advise clients on a myriad of needs including hiring, onboarding, handbooks, benefits, compliance and payroll. The Brenner Group enjoys a 30-year reputation of excellence in providing temporary and permanent part-time/full-time financial leadership to technology companies at various stages in their lifecycle. This combination provides better technology, wider industry experience and one integrated team to help clients from start to finish with their outsourced finance and accounting needs.
“At Team Jenn Corp, we pride ourselves on going the extra mile for clients. We’re problem solvers and we’ve built a reputation for being our clients’ right hand. That’s why coming together with Armanino is the perfect fit,” said Jenn McCabe, founder and CEO of Team Jenn Corp. “By joining together, we’ll be equipped to consult clients at every stage of their business lifecycle.”
“Our technology clients often have a need for several finance solutions, whether it’s financial leadership through an interim CFO or a chief restructuring officer, or a cloud financial reporting technology like Intacct,” said Andries Verschelden, CEO of the Brenner Group. “This change gives clients access to a full suite of back office solutions so they can work smarter and more efficiently.”
Armanino’s aggressive growth is anchored in its pursuit of expanded service lines, technology solutions and specialized expertise. The firm has been listed on Inside Public Accounting’s Best of the Best Managed Firms list for 14 out of the last 15 years and is regularly featured in best places to work lists and was named Best of Accounting in Client Satisfaction in 2016 with a Net Promoter Score that is nearly double the average for the accounting industry.
The Brenner Group, an Armanino Company, will fully integrate and become Armanino effective June 1, 2017. Team Jenn Corp will also become Armanino June 1, 2017. Both Andries Verschelden, CEO of The Brenner Group, and Jenn McCabe, CEO of Team Jenn Corp, will join Armanino has partners in the Consulting Group. These transactions are scheduled to close on June 1, 2017, subject to customary closing conditions.