Central Coast accounting firms agree to merge
Glenn Burdette, an accounting firm with offices in Santa Maria, Paso Robles and San Luis Obispo, has announced plans to combine with Radakovich, Shaw & Blythe, an accounting firm headquartered in San Luis Obispo.
Radakovich, Shaw & Blythe principals Mike Radakovich, Ed Shaw, Anne Blythe and Bonnie Blanchard will join Glenn Burdette as principals. Glenn Burdette will retain RS&B offices on lower Higuera in SLO as “a division of Glenn Burdette.”
Glenn Burdette President and Managing Director Dan O’Hare said in a news release that the merging of the two companies provides an ideal opportunity for each.
“Glenn Burdette is eager to continue to grow our services, our market area and our clientele,” said O’Hare. “By joining forces, we not only grow in size, but Glenn Burdette gains additional expertise in business valuation and litigation support, and RS&B assures its clients that they will be served for years to come. It’s an exciting synergy.”
Radakovich shared O’Hare’s enthusiasm about the deal, which is scheduled to close on Nov. 1.
“We have been working on the transition for quite some time. My partners and I wanted to be certain our employees and the company we built were in good hands,” he said in the news release. “We are.”
Glenn Burdette was founded by Fred Glenn on March 15, 1965, in a small office on Marsh Street in San Luis Obispo. Over the next decade, Stephen Burdette, David Phillips, and David Bryson joined the firm and the name was changed to Glenn, Burdette, Phillips & Bryson. The name was simplified to Glenn Burdette in 2011.
The combined firms will have more than 80 employees, representing private sector clients in agriculture, hospitality, estate and trust, real estate and construction, health care and other industries. Public sector clients include municipalities, special districts and other government bodies throughout California.
Glenn Burdette was the first CPA firm in California to form an Employee Stock Ownership Plan, in which employees directly benefit from company success. RS&B employees will be extended ESOP benefits.