November 7, 2016

Accounting firm returns to Hartford area with acquisition

UHY Advisors and UHY LLP (UHY) will acquire the professional services firm Pratesi, Salemi & Company LLC and its affiliated valuation firm Brentmore Valuation Advisors, located in West Hartford, the company announced Monday.

The firms, which shared some common ownership, are operating under the UHY banner effective Monday.

The acquisitions mark a return to the Hartford area for accounting firms UHY Advisors and UHY LLP, which last maintained a practice in Hartford in 2010, which it sold to Marcum LLP that year along with other New England practices.

UHY said the new practice will enhance and complement its current service offerings of tax planning and consulting services, and business valuation.

The acquired companies' addition "is an opportunity for us to take advantage of the organic growth opportunities available to us in the Northeast while bringing UHY's signature brand of service to businesses and organizations in the Greater Hartford area," said Anthony P. Frabotta, UHY's chairman and CEO.

All 10 associates of Pratesi, Salemi & Company and Brentmore Valuation Advisors are expected to continue in their roles, UHY said. The firm's office will remain at 18 North Main St., West Hartford.

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