CAPITAL REGION ACCOUNTING FIRM ANNOUNCES NEW NAME BST & CO., LLP

ALBANY, New York, – One of the Capital Region’s most prominent financial and management consulting firms today announced it will operate under the new banner of BST & Co., LLP. The name change will be effective July 1, 2016.

The new banner follows a year of significant growth for the firm, which generated a substantial increase in local and regionally-based revenue in 2015. The name change will allow the firm to strategically focus its efforts on its core markets in the greater Capital Region and Hudson Valley, as well as other areas in upstate New York. BST & Co., LLP also plans to grow the strong presence of its valuation, forensic and litigation practices in the New York City, Westchester, Long Island, New Jersey and other downstate markets.

“Our new name is a nod to our heritage and history and is a testament to our positive outlook and steadfast confidence in the local and regional economy. There is a tremendous amount of growth potential and opportunity in the Capital Region and nearby Hudson Valley. We strongly believe that focusing our attention on these markets, while continuing our work in New York City, will position BST for significant growth in the years to come,” said BST & Co., LLP Managing Partner Ronald L. Guzior, CPA. “We look forward to continuing to provide our clients with the highest quality of service in our role as their most trusted advisor.”

Guzior will lead the firm in evolving the business with an emphasis on growing its services to closely-held businesses in the construction, real estate, medical, wholesale distribution and manufacturing industries. The firm will also focus on expanding its services in the government, not-for-profit, education, business valuation and litigation, and succession and estate planning sectors.

BST & Co., LLP has 90 employees with office locations in Albany and Mineola, NY. The firm will also maintain a New York City office and will operate independently from Sax LLP.

With roots tracing back to 1944, BST & Co., LLP is recognized as one of the largest accounting and consulting firms in upstate New York. The firm offers traditional accounting, auditing and tax services; as well as specialty services related to business valuation, forensic accounting, litigation support, employee benefit plan auditing and consulting, governmental auditing and consulting, merger and acquisition assistance, wealth management and personal financial planning, and estate and gift tax consulting, amongst other services.

The firm is a long-standing member of the McGladrey Alliance, a premier affiliation of independent accounting and consulting firms in the United States.

About BST & Co., LLP

BST & Co., LLP is as multi-disciplinary financial and management consulting firm headquartered in Albany. Other services of the firm include accounting, auditing, business valuation, forensic accounting and litigation support, tax and management consulting, employee benefit plan auditing and consulting, human resource management and development, healthcare operations consulting, governmental auditing and consulting, merger and acquisition assistance, wealth management and personal financial planning and estate and gift tax consulting.