Preston Romano and Shea Merges into Fesnak and Associates
Robert W. Fesnak
Fesnak and Associates, LLP (Fesnak), a leading accounting and business advisory firm, announced that Preston Romano and Shea, a regional Certified Public Accounting firm currently located in Paoli, PA, has merged into Fesnak.
The merger enables Fesnak to attract new talent, grow their practice, and better serve a growing client base. The Preston, Romano and Shea practice will continue to be served by the combined firm, and Gene Preston and Mike Romano will join Fesnak as Partners.
“This acquisition strengthens our dedicated life sciences group and will enable us to continue to lead the sector,” said Robert W. Fesnak, CPA/ABV, CMA, CVA, MBA, and Fesnak Managing Partner. “Preston, Romano and Shea has a reputation as a quality firm. Like us, they are passionate about providing high-quality services, and they share our core values of integrity, teamwork, and hands-on involvement.”
Fesnak continues to organize the firm along industry lines – such as Life Sciences – and service areas – such as Tax, Assurance and Accounting, Valuation & Litigation Support, Transaction Advisory, Bankruptcy & Restructuring or Financial Management Solutions. In light of Mike Romano’s in-depth life sciences industry experience, he will serve as partner-in-charge of Fesnak’s Life Sciences Group.
Before joining Preston, Romano and Shea, he was VP and General Manager of a global business offering health information products and services to the pharmaceutical, biotech, and medical device markets. Romano has experience in general management, financial management, mergers and acquisitions, and global operations, with a Big Four background.
“I look forward to leading the effort to deliver all Fesnak’s services to life sciences clients and continuing to grow this practice area,” Romano said. “It’s an exciting time for both firms as companies look to midsized firms like Fesnak that have a deep pool of experienced professionals in the life sciences industry.”
Gene Preston founded Preston, Romano & Shea LLP in 1975, growing the firm to accommodate a wide range of client sectors. He has an extensive background in tax planning, accounting, audits, mergers & acquisitions, and management consulting, with a special focus on small and medium size enterprises. He is also well-known and respected by his peers, having been active in many industry groups.
About Fesnak and Associates, LLP
Fesnak and Associates, LLP, a leading accounting and business advisory firm with offices outside Philadelphia and in New York City, Wilmington, DE and Allentown, PA, serves clients ranging from large, privately held, multi- generational companies to emerging growth businesses to multi-national public corporations. Many clients are among the Top 100 fastest-growing companies in the Philadelphia metropolitan area.
Additional information about the firm is available at www.fesnak.com.