Accounting firm CLM Advisors LLC on Thursday said it was acquired by private investors under the name CLM Financial Enterprises LLC. The new entity will continue doing business as “CLM Advisors” and retain its focus on fiscal management consulting and tax compliance services for small and mid-sized businesses in the South Jersey and Philadelphia region.
Charles Muracco, CPA, who founded CLM Advisors in 2013, will continue to serve as the firm’s chief executive officer under new ownership.
Muracco said the acquisition is an important first step to enhancing the firm’s scale and impact.
“This transaction is a key piece of our strategic vision to expand our consulting offering to more business clients in the region who place a high value on sound, accounting-based advisory services,” Muracco stated. “We will add talent to our diverse roster of consultants, re-invest in technology to serve our clients more efficiently, and accelerate our growth.”
The leadership team of CLM Advisors aims to have a tangible, positive effect on the region’s economy by conveying sound economic, accounting, and financial principles to its business clients.