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Schellman & Company, LLC Announces Acquisition of INSYTE CPAs, LLC Practice

Written by Customer Service on . Posted in Mergers And Acquisitions.

Enhanced Team Offers Additional Breadth of Expertise for Clients

TAMPA, Fla., Aug. 15, 2024 (GLOBE NEWSWIRE) — Schellman & Company, LLC, a leading provider of attestation and compliance services and a top 50 CPA firm, is pleased to announce the successful acquisition of INSYTE CPAs, LLC practice. As part of the transaction, INSYTE’s clients and personnel will transition to Schellman. Their shared client-centric approach to delivering tailored solutions and best-in-class service serves as an excellent complement to the strategic fit between the two firms.

Headquartered in Birmingham, Alabama, and led by founder and Managing Partner, Cindy Wyatt, INSYTE CPAs has built a stellar reputation in the areas of risk management, internal control, and business processes. At the same time, Schellman has established itself as a trusted authority on SOC, issuing more than 1,000 reports annually for companies ranging from startup technology providers to Fortune 500 companies.

“I’m very excited about what this opportunity means for our clients,” says Wyatt. “Not only do we have confidence in the Schellman team’s depth of expertise in information technology control and breadth of compliance services, but we also know they share the same dedication to high quality and service excellence that our clients have come to expect over the years.”

The acquisition was driven by Schellman’s continued expansion of core services as part of its key growth plans for 2024 and beyond.

“Cindy is an amazing entrepreneur, and we look forward to welcoming her clients and staff to the Schellman team,” says Doug Barbin, President of Schellman & Company, LLC. “We’re committed to ensuring a seamless transition for all involved, and INSYTE’s clients can expect to receive uninterrupted service and a continued focus on industry-leading compliance solutions.”

For more information, please visit www.schellman.com.

About Schellman

“Schellman” is the brand name under which Schellman & Company, LLC and Schellman Compliance, LLC provide professional services. Schellman stands as a leading global provider of attestation, compliance, and certification services. Operating under two distinct entities, Schellman & Company, LLC (a top 50 firm) and Schellman Compliance, LLC (a globally accredited compliance assessment firm which is not a licensed CPA firm). The services provided by the Schellman entities include acting as a CPA firm (Schellman & Company, LLC Florida license number AD62941) as a leading provider of SOC reports, an ISO Certification Body, a PCI Qualified Security Assessor Company, a HITRUST assessor, a FedRAMP 3PAO, being among the pioneering CMMC Authorized C3PAOs, as well as offering international certification services including TISAX and HDS.

Renowned for its professionals’ expertise combined with practical experience, Schellman delivers superior client service while upholding steadfast independence. The company’s approach fosters successful, long-term relationships, enabling clients to achieve multiple compliance objectives through a single trusted third-party assessor. For further information about the services provided, please visit schellman.com.

Contacts

V2 Communications

schellman@v2comms.com

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