Vermont Business Magazine Burlington-based Reconciled has acquired Bean Team, a Tallahassee-based accounting firm. Reconciled, the online bookkeeping firm for entrepreneurs continues to expand nationally with a platform strategy starting with Bean Team. Financial terms were not disclosed.
Bean Team’s customers will continue with the same support and service that has made Bean Team a success, but with the added value of Reconciled’s accounting team and resources.
Founded in 2015 in Burlington, Reconciled has since been serving entrepreneurs across the country. This acquisition is part of Reconciled's strategic growth plan to offer improved accessibility of its award-winning bookkeeping services to businesses across the United States.
"We are excited to have Bean Team join the Reconciled family. Charles Musgrove has spent many years building a solid brand and team serving the greater Tallahassee area. We look forward to growing together in Florida and the greater Southeast region" said Michael Ly, CEO of Reconciled.
Reconciled currently provides bookkeeping services to entrepreneurs through a range of industries. The aim of this new partnership is to build services to meet the specific needs of the Tallahassee & Destin business community, with the hope of building robust client relationships and expanding into new verticals.
"We’re excited about this new chapter for Bean Team. Joining Reconciled provides us access to more resources for our customers and growth opportunities for our employees,” says Charles Musgrove, Founder & CEO of Bean Team .
Michael and Charles believe that the combination of the Bean Team brand and strong local presence and Reconciled's dynamic and growing team of US-based bookkeepers will bring great benefits to the local business community and across the entire United States. Each company brings a unique set of innovative solutions to help businesses streamline and improve their bookkeeping, as well as enhance possibilities for client growth .
About Bean Team Over the years, the Bean Team has grown in response to the needs of their clients. This market-driven approach enables them to offer a wide range of scalable services designed to provide your business the support to cultivate a vibrant, financially-healthy company in today’s modern economy.
About Reconciled
In 2015, Reconciled opened in Burlington, VT, with the purpose of using the most innovative, best-in-class digital bookkeeping tools to support entrepreneurs and small business owners throughout the US and beyond. Reconciled’s dedication to innovative technology use made them Intuit’s 2018 U.S. Firm of the Future . Our team of US-based accounting professionals has a broad range of proven industry experience. Reconciled has team members working remotely from 9 states and hundreds of customers across the USA.
Source: BURLINGTON, Vermont, November 2, 2020 — Reconciled