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Invotex Team Joins ParenteBeard

February 10, 2014

ParenteBeard LLC, a top 25 U.S. accounting and consulting firm, announces that 26 Invotex team members, including four partners, have joined ParenteBeard.  The addition expands ParenteBeard’s offices to include Pennsylvania, New Jersey, New York, Delaware, Connecticut, Texas and Maryland.

“Invotex has a reputation for excellence and creative thinking and brings additional nationally recognized experts in forensic accounting, financial analysis and insurance consulting to ParenteBeard,” said Bob Ciaruffoli, ParenteBeard chairman and chief executive officer.

Established in 2005, Invotex has offices focusing on the Baltimore, Washington, D.C. and Philadelphia marketplace. Invotex provides specialized consulting services to its national client base. Invotex enhances ParenteBeard’s insurance consulting practice and ParenteBeard’s forensic, litigation and valuation consulting services to now include bankruptcy and liquidations.

“By combining the nationally recognized financial consulting capabilities of Invotex with the consulting, accounting and tax services of ParenteBeard, our clients will benefit from enhanced  resources and a deeper range of skill sets in litigation and transactional work,” said Raymond Peroutka, Invotex’s former managing director and CEO.  “When the opportunity presented itself to join with the more expansive firm of ParenteBeard, we were delighted. They share our vision of how the future is changing for our clients.”