Accounting and consulting firm Wolf & Company recently acquired The Kafafian Group, a Pennsylvania-based bank consulting firm..Announced Jan. 5, the acquisition is intended to expand Boston-based Wolf & Company’s advisory capabilities for banks and credit unions facing increasing regulatory and operational challenges. The combination is designed to create a more comprehensive, single-source advisory platform for financial institutions. Leaders from both companies said clients now have access to a broader range of expertise on taxes, digital assets, artificial intelligence and cybersecurity.The Kafafian Group, based in Allentown, Pa., is expected to operate under the Wolf & Company brand. As part of the transaction, Kafafian Group Chair and CEO Robert Kafafian will remain in a senior role and continue working with clients. Gagne will continue to serve as Wolf & Company’s CEO for the remainder of his elected term.Founded more than 25 years ago, The Kafafian Group provides consulting services to more than 500 financial institutions in over 40 states, advising banks with assets of up to $100 billion. The firm specializes in strategic planning, performance measurement and operational improvement.
