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Braver PC, a financial services company recently ranked as the ninth-largest CPA firm in Massachusetts, yesterday announced its merger with Providence-based Prescott Chatellier Fontaine & Wilkinson LLP.
PCFW founding partners James J. Prescott and Peter L. Chatellier and fellow partners David A. Fontaine and James D. Wilkinson will become shareholders in Braver PC, the company said. Financial terms were not disclosed.
“Starting this month, PCFW will be changing its name,” said Wilkinson, a Certified Public Accountant and Certified Information Technology Professional, who will head the Providence office.
Altogether, 14 staff members will join Braver as part of the merger, the company said.
“We are proud to welcome Prescott Chatellier Fontaine & Wilkinson and their talented group of executives with expertise in accounting and auditing for nonprofits, government entities and small, closely-held businesses,” said Patrick Riley, president and CEO of Braver.
The PCFW office – at 2 Charles St., in the Downcity neighborhood – will be Braver’s first outside Massachussetts. Besides its headquarters in Newton, Mass., the company also has an office in Mansfield and a recently opened office in Boston.
“It is our belief that change is good, as long as it does not diminish the high level of service we provide our clients,” Wilkinson said, adding: “The only change to the service and quality we are known for is the enhancement of new services we will be able to offer as a result of joining Braver.”
Braver PC, founded in 1950, is a financial services firm with more than 100 staff and employees at its headquarters in Newton, Mass., and offices in Mansfield, Boston and Providence. Additional information is available at thebravergroup.com. Information on Prescott Chatellier Fontaine & Wilkinson LLP of Providence can be found at www.yourcpafirm.com.