Sitzberger & Co. adds Alan E. Matsoff S.C.

Brookfield accounting firm continues to grow by acquisition

Fred Sitzberger
Fred Sitzberger

Last updated on July 2nd, 2019 at 09:19 am

Brookfield-based accounting firm Sitzberger & Co. S.C. has added Glendale-based accounting practice Alan E. Matsoff S.C.

The transaction closed Oct. 22, and is structured on an earnout basis, with Sitzberger paying sole practitioner Alan Matsoff based on a percentage of earnings over time. Matsoff was a small practice with less than $200,000 in revenue, said Fred Sitzberger, founder of Sitzberger & Co.

Matsoff, who has been in practice for 50 years, will be absorbed into Sitzberger & Co.’s Glendale office, Sitzberger said.

Sitzberger & Co. now has 27 certified public accountants and 56 total employees. It has been growing via acquisitions over the past several years. In late 2017, Sitzberger acquired Glendale-based Bristol & Co. S.C. and Greenfield-based Athena Accounting & Tax LLC, and in 2016 it acquired Brookfield-based Gillis & Co. LLC.

“We’re excited to bring Alan Matsoff to our Glendale office and to expand our presence in Milwaukee’s North Shore,” Sitzberger said. “As Sitzberger & Co. continues to grow, we remain committed to providing superior resources and capabilities for our clients.”

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Molly Dill, former BizTimes Milwaukee managing editor.

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