Marcum LLP Acquires Msasachusetts Accounting Firm Guyder Hurley

Marcum LLP has acquired the CPA firm Guyder Hurley, P.C. of Braintree, MA. The firm will be merged into its Boston office as of March 1. The Guyder Hurley team adds 17 associates, including one partner and one managing director, to Marcum’s New England region.

Founded in 2000, Guyder Hurley is a full-service accounting firm specializing in the affordable housing industry. The firm’s clients include public housing authorities, HUD multi-family housing projects, low-income housing tax credit developments, state and local affordable housing developments, health and human service organizations, and community development organizations. The firm’s service portfolio encompasses financial statement and compliance audits, compilations and reviews, bookkeeping, tax and consulting.

“There are clear natural synergies between Guyder Hurley’s housing specialization and our national Government Services Group, as well as with Raffa-Marcum’s Nonprofit & Social Sector Group. The complementary nature of our businesses is a blueprint for expanding our portfolio of services to our clients and our mutual opportunities to grow,” said Jeffrey M. Weiner, chairman & chief executive officer.

“The Guyder Hurley team, led by Mike Guyder, has an outstanding track record as a niche service provider to the affordable housing industry. They are an excellent natural fit for Marcum’s entrepreneurial culture,” said Anthony Scillia, regional managing partner for New England.

“Marcum’s openness in recognizing the value that we can add to their business and the ability they give us to expand our service profile nationally is a formula for success. We are extremely enthusiastic about the future with Marcum and eager to introduce our clients to our new, expanded capabilities,” said Michael P. Guyder, Assurance Services partner.

Marcum LLP’s Government Services Group provides auditing, accounting, financial reporting and management advisory/consulting services to a broad spectrum of governmental entities. In addition to public housing authorities and related entities, the group’s clients include counties, school districts, local municipalities, community redevelopment agencies, special districts, quasi-governmental agencies, public employee retirement systems, and utilities. Marcum partners and staff are actively involved in governmental standard-setting organizations at the national, state and local levels, including the Government Finance Officers Association (GFOA) and various State Society GFOAs. In addition, Marcum is a member of the AICPA’s Governmental Audit Quality Center