Bowers & Company CPAs, Syracuse, announced Thursday that it will double the size of its Watertown branch by merging with Poulsen & Podvin CPAs.
Effective Jan. 1, the Poulsen & Podvin office at 145 Clinton St. will merge with Bowers & Company, 167 Polk St. The two Bowers offices will stay open as separate locations until next summer, when a new office will be opened to house both staffs. The full service tax, accounting and business consulting firm will employ a staff of about 30 employees in Watertown after the merger, including four new positions.
Laurie J. Podvin, CPA and partner at Poulsen & Podvin, said clients will notice an expanded offering of accounting services at Bowers & Company after the merger. Ms. Podvin and Richard E. Poulsen, who founded Poulsen & Podvin in 1978, will join Bowers as partners in January.
We already do accounting for a lot of school districts and municipalities in Jefferson, Lewis and St. Lawrence counties, but this will give us the ability to expand south of Watertown to Syracuse, Ms. Podvin said. The experience of both firms here will help translate to more services.
Bowers, which also specializes in commercial and retail development, has many clients based in downtown Watertown, said Michael G. DAvirro, co-managing partner of the Syracuse firm. On the commercial business side, in Watertown there are a lot of significant companies, he said.