Massachusetts Accounting Firms Merge

Westwood, MA (January 1, 2012): The accounting firms of Gray, Gray & Gray, LLP, (Westwood, MA) and O’Toole & Company, PC (Boston, MA) have announced their merger, effective January 1, 2012. The combined firm will operate as Gray, Gray & Gray, LLP, and will maintain offices in both Westwood and Boston. O’Toole & Company partners Timothy O’Toole and Karen Timmermans will become partners in Gray, Gray & Gray, bringing the total number of partners in the firm to sixteen. The staffs of both firms will be retained in the merged entity, which will employ a combined total of 90 people.

Gray, Gray & Gray was founded in Boston in 1945, and relocated to Westwood, MA, in 1999. O’Toole & Company was founded in Boston in 1979. Both firms serve closely held businesses and provide accounting, audit, tax strategy, estate planning, and business advisory services.

“This is an important step for our new clients and allows us to offer them an even broader scope of services,” said Joe Ciccarello, CPA, Managing Partner of Gray, Gray & Gray. “The experience and skills of our two firms complement each other and, together, make us a stronger and more competitive organization.”

Timothy O’Toole, founder of O’Toole & Company, said the merger will benefit clients immediately and in the future, saying, “By combining the resources of two excellent accounting firms, we can better meet the needs of our clients as they grow and expand. We are large enough to deliver any accounting, tax or wealth management service a client may need, while still remaining small enough to provide one-on-one attention.”

About Gray, Gray & Gray, LLP
Gray, Gray & Gray, LLP, one of New England’s leading independent accounting firms, serves closely held companies in a broad range of industries. Gray, Gray & Gray is a member of CPAmerica International, a global network of independent accounting firms. Gray, Gray & Gray’s offices are located at 34 Southwest Park, Westwood, MA.

For additional information, contact Gray, Gray & Gray at (781) 407-0300, or visit the firm’s web site at: www.gggcpas.com.

# # #
Media Contact:
Kelly Monestime
Director of Marketing
Gray, Gray & Gray, LLP
(781) 407-0300
kmonestime@gggcpas.com

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