BGM Expands Into Connecticut With Norwalk CPA Firm Acquisition

BGM, a prominent accounting firm based in Bloomington, Minnesota, has officially expanded its footprint into the Northeast by acquiring R.L. DePanfilis & Co. This strategic merger marks an exciting milestone for the organization as it establishes its very first physical storefront within the Nutmeg State.

For those looking to learn more about the local region, our comprehensive guide on about Connecticut highlights the unique appeal of doing business here. The newly integrated Norwalk team will continue to deliver top-tier financial services while leveraging enhanced national resources.

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Strategic Growth in New England

This major acquisition serves as BGM’s second major merger and acquisition deal of 2026. It follows closely on the heels of another successful combination with a Massachusetts firm late this past August.

Such corporate expansions often highlight the dynamic economic climate found across various Connecticut counties. By pushing deeper into the regional market, BGM solidifies its commitment to delivering localized expertise backed by widespread operational strength.

Deep Roots in Norwalk

Founded back in 1979, R.L. DePanfilis & Co. is a deeply respected CPA and business consulting firm with a stellar reputation. Financial terms of the recent transaction were kept private by the involved parties.

The firm’s long-standing presence adds immense value to the local business community. Norwalk itself is a cornerstone of the vibrant local economy, mirroring many bustling cities and towns across the region.

Continuity for Local Clients

Clients accustomed to working with the Norwalk office will experience a seamless transition moving forward. The firm will officially operate under the BGM brand name.

Familiarity and trust remain paramount during corporate shifts like this one. Clients can expect several key elements to remain consistent:

Partners David Gibbs and Kenneth Miller will stay on board.
The existing team of professionals will continue managing daily operations.
Clients will retain their trusted relationships with current personnel.

Visitors and incoming professionals seeking accommodations nearby can explore options via where to stay for convenient trip planning. Meanwhile, the office will maintain its core focus on continuity and excellence.

Decades of Financial Expertise

The acquisition injects over four decades of specialized knowledge directly into BGM’s operational network. This historical depth ensures that regional clients will not skip a beat.

The accumulated experience covers a wide spectrum of vital financial services. Key areas of expertise brought by the team include:

Complex tax compliance strategies
Detailed auditing procedures
Comprehensive business consulting
Thoughtful estate planning services

Industry veteran Joe Tarasco, who serves as the CEO of the Accountants Advisory Group, acted as the vital transaction advisor for both sides. With expert guidance and a robust foundation in place, this merger sets the stage for long-term regional success.

Here is the source article for this story: BGM Adds R.L. DePanfilis & Co. in Connecticut

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