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Freed Maxick's Merger with Withum: Empowering Growth Together

Freed Maxick's Merger with Withum: Empowering Growth Together

Freed Maxick and Withum: A New Chapter

Freed Maxick, P.C., has recently announced an exciting merger with Withum, a nationally recognized public accounting and advisory firm. This strategic alliance marks a significant step for both organizations, bringing together talent and resources to expand their offerings and enhance client services.

Strengthening Services Across Multiple Sectors

The merger enables Withum to broaden its reach into key areas, including healthcare, audit, and tax advisory services. Freed Maxick boasts over 36 partners and approximately 325 professionals who will integrate into the Withum team. This merger positions the newly expanded firm to cater to a diverse clientele, driving innovation and efficiency.

Enhanced Client Offerings

Clients of Freed Maxick will now benefit from Withum’s extensive resources and expertise. Richard J. Wright Jr., Managing Director at Freed Maxick, expressed that this partnership will open up immense opportunities for both their team and their clients. The merger emphasizes trust and commitment to delivering top-notch services.

Broader Focus on Technology and Security

With this partnership, clients will also gain access to a strengthened portfolio of technology, automation, and cybersecurity services. Freed Maxick’s existing knowledge in these areas will be significantly enriched through Withum's innovative solutions, thereby providing a more comprehensive service package.

A Vision for Future Growth

Pat Walsh, the Managing Partner at Withum, echoed similar sentiments about the merger, noting that it represents a profound cultural fit between the two firms. He believes that the integration of Freed Maxick will enhance Withum's reputation in the healthcare sector while also boosting its international presence along the Canadian border.

Comprehensive Industry Coverage

The union will not only strengthen healthcare audit services but will also enhance Withum's consulting and advisory capabilities. The combined firm will serve a variety of sectors including financial services, manufacturing, higher education, and technology, thus positioning itself as a leader in multiple industries.

About Withum

Established in 1974 and headquartered in Princeton, NJ, Withum is a top-ranking public accounting firm providing a wide array of advisory, tax, and audit services. Their footprint covers major financial hubs across the country, and as an independent member of HLB International, they maintain a global perspective within their advisory and accounting services.

About Freed Maxick CPAs

With over 65 years of experience, Freed Maxick CPAs, P.C. ranks among the Top 100 CPA firms in the United States. The firm has a strong reputation for servicing closely held businesses, public companies, and not-for-profit organizations. They are committed to guiding their clients through growth, compliance, and innovation by mobilizing a team of high-performance professionals.

Frequently Asked Questions

What does the merger between Freed Maxick and Withum mean for clients?

The merger enhances the range of services available to clients, providing them with access to more resources and expertise in key areas like technology and advisory services.

How many professionals will join Withum from Freed Maxick?

Approximately 325 team members from Freed Maxick will become part of the Withum roster, contributing to the firm's expanded capabilities.

What sectors will benefit from this merger?

Industries such as healthcare, financial services, manufacturing, and technology will experience enhanced services as a result of this merger.

When was Freed Maxick established?

Freed Maxick has been operating for over 65 years, specializing in a variety of client services from closely held businesses to not-for-profits.

What is Withum’s history?

Founded in 1974, Withum has built a strong reputation in public accounting and advisory services, and now has a national presence with offices in numerous financial centers.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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