BGM Accounting Firm Expands Northeast With New Merger
Minnesota-based BGM absorbs R. L. DePanfilis & Company, extending its footprint into the Northeast region.
BGM, a Top 200 full-service accounting, tax, audit, and advisory firm headquartered in Bloomington, Minnesota, has announced the addition of R. L. DePanfilis & Company, LLC, a certified public accounting and business consulting firm, in a move designed to deepen the firm's presence across the Northeast United States.
The deal marks a continued pattern of regional expansion for BGM, which has grown its service capabilities by bringing established local practices into its national network. Mergers of this type allow firms like BGM to acquire existing client relationships, experienced staff, and regional market credibility without building a presence from scratch.
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R. L. DePanfilis & Company brings CPA credentials and business consulting expertise to the partnership, areas that complement BGM's existing suite of services spanning accounting, tax compliance, audit, and advisory work. Such combinations are increasingly common in the accounting industry as mid-tier firms seek scale to compete with larger national players.
For clients of both firms, the merger typically signals access to a broader range of services and greater resources, though integration timelines and any changes to day-to-day operations were not detailed in the announcement. BGM's Top 200 ranking reflects a firm of substantial size operating in a competitive professional-services landscape.
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