Centenal Tax Group, based in Folsom, Calif., has acquired six bookkeeping and tax firms in California. Centenal also named Zachary VandeKamp as CEO and said it plans to buy four more firms.
VandeKamp was previously chief legal of TaxAudit, where he worked from 2017 through 2018. Both Centenal and TaxAudit are controlled by TRI HoldCo. Terms were not disclosed.
Four of the acquired firms are in the Sacramento, Calif., area. Centenal plans to buy three more firms in Southern California and one in the Sacramento area. The firms purchased by Centenal are Olander and Co., Gregory Verdon & Co. Certified Public Accountants, J. Ingram & Co. CPAs, Associated Tax Services and Bonnie S. Clark CPA.
Centenal has 12 employees and intends to hire 12 more full-time employees and six seasonal one for tax season.
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards. Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that. A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind