Sobel & Co., an accounting firm based in Livingston, has acquired EAC Valuations in Chester County, Pa.
As a result of the acquisition, Sobel will create a new unit, Sobel Valuations, which aims to offer business, equipment and real estate valuations. The new brand will leverage expertise from both firms and provide appraisals for insurance placement, personal property tax disputes and purchase price allocations.
Both Sobel and EAC employees will continue to work out of their New Jersey and Pennsylvania offices.
“By leveraging both firms’ years of experience serving the valuation and appraisals niche market, we are positioned to effectively address the needs of the corporate business community,” said Alan Sobel, managing member of the firm, in an announcement.