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January 19, 2024

Two Glastonbury accounting firms announce merger

(From left) Michael Sabol, Stephen Giamalis, and James Mahoney

Two Glastonbury-based accounting firms have merged.

Regional CPA firm MahoneySabol said Friday it has completed a merger with Giamalis and Co.,  which has clients primarily in the restaurant, real estate, automotive dealership and construction industries.

MahoneySabol is the larger firm and the combined organizations will be called MahoneySabol & Co. LLP.

MahoneySabol said the deal will broaden its client base and add nine new accountants and staff members to its team. Founded in 1990, MahoneySabol’s 60-plus accountants and administrative support staff serve clients throughout the region. 

"This merger is a significant milestone for MahoneySabol as it aligns with our growth strategy and reinforces our commitment to providing high-quality services to our clients," said James Mahoney, managing partner at MahoneySabol. "Giamalis and Company has a stellar reputation, and we are excited to welcome their team into our organization."

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