Russell Bedford Boston member acquires Waltham consulting team

February 2016

Russell Bedford's Boston member, CPA and business advisory firm Rucci Bardaro & Falzone, has announced that it has acquired Waltham-based Jensen Malley & Company. Inc., a consulting firm formerly associated with Malley & Franey Financial Group.

The acquisition took effect on 1 February 2016. Terms were not disclosed.

The move combines the two firms' client rosters under the Rucci Bardaro & Falzone (RBF) banner, and adds eight professionals to RBF's staff rolls, bringing the total to 35 employees. RBF's partner group expands to six with the addition of Jack Malley, a founder and managing partner of Malley & Franey.

Last month, RBF relocated from Malden, MA to new space at 500 Unicorn Park Drive in Woburn, MA in order to accommodate the acquisition.

"We've found the right strategic fit in Jack Malley and his firm," said RBF president William (Bill) F. Rucci. "The addition of personnel and expertise will not only enhance our capabilities in markets we already serve, it will also help us pave the way into new markets we'd like to pursue."

In addition to traditional audit, accounting and tax services, the larger firm will continue to provide strategic, industry-focused planning and business advice to entrepreneurs and privately held companies. The expansion also adds technology as a practice category to RBF's existing specialties in real estate, construction, manufacturing, non-profit, life sciences and professional services, among others.

"We're excited about joining forces with RBF," said Jack Malley. "The added depth of resources will create synergies that I have been seeking for our clients and our staff. The combination of our two firms will also allow us to pursue new service opportunities that will benefit our joint client base."

Bill Rucci expects his firm to continue in growth mode beyond this recent acquisition. "Whether it means finding more like-minded firms to join us, or locating superior talent to hire on an individual basis, we will continue to seek out expansion opportunities across all of our practice areas," he said.

Founded in 1987, Rucci, Bardaro & Falzone provides audit, assurance, tax and consulting services to business leaders and their growing companies in an array of industries. The firm is the Boston-area member of Russell Bedford International, and Bill Rucci currently serves as chairman of the Russell Bedford network.