Halt, Buzas & Powell, Ltd. (HBP) has merged with The Budget Lady, a small accounting firm based out of Reston, Virginia. The former Budget Lady staff of five will join the outsourcing department in Halt, Buzas & Powell’s Alexandria, Virginia location.
Ellen Rands, President and Founder of The Budget Lady, made the decision to sell her business after deciding to devote more time to her growing family.
“I always joke that I can’t give kids back so I have to give the business away,” explains Rands, regarding her decision to sell.
Rands started The Budget Lady in 2010 when she decided she needed a career that was more flexible and conducive to raising a family. After a few years of exploring different options and talking to a number of different companies about buying her firm, Rands was connected with Andy Powell, managing partner at Halt, Buzas & Powell, by a client of HBP.
“We are very excited to have Ellen and her team as a part of HBP,” explains Powell, “I could tell from my first conversation with her that the Budget Lady’s culture and dedication to client service was aligned with HBP’s.” Both parties agree that their firms would complement each other well.
“Everyone has their own spin on outsourced accounting,” explains Rands, “I can’t imagine finding another company that would do things as similar to us as [HBP] does. It’s been a very easy transition.”
Rands cites the smooth shift of the acquisition as a sign she made the right decision to sell to Halt, Buzas & Powell.
About Halt, Buzas and Powell, Ltd.:
Headquartered in Alexandria, VA, Halt, Buzas & Powell, Ltd. is a full-service public accounting firm with more than 40 years’ expertise providing accounting, auditing, taxation, management consulting, outsourced accounting, and managed IT services to the region’s nonprofits, businesses, and individuals. Halt, Buzas & Powell has grown steadily over the years to become a leading public accounting firm in the Washington, DC metropolitan region. Our devotion to exceptional service, quality and value has led to our ranking by the Washingtonian magazine as one of the top 25 CPA firms for quality service, and listing in the Washington Business Journal as one of the Top 50 Accounting Firms by size. Halt, Buzas & Powell, Ltd. also has an office in Crofton, MD.