Haefele Flanagan

What Haefele Flanagan does

Haefele Flanagan (operating as HFCO) is a privately held certified public accounting and advisory firm founded in 1970 and headquartered in Maple Shade, New Jersey, with a second office in Philadelphia, Pennsylvania. The firm provides a full-service portfolio organized into core compliance work (Accounting & Assurance, Tax Planning, Employee Benefit Plan audits, Cost Segregation, Litigation Support), advisory practices (Business Advisory, Business Valuations, Exit Planning, Financial & Estate Planning, Mergers & Acquisitions, IT Innovation advisory), and an outsourced accounting division branded as Client Accounting & Advisory Services (CAAS), which includes a dedicated Nonprofit Accounting & Advisory sub-practice. Its HFConsulting sub-brand layers on strategic planning, transition and exit planning, executive coaching, business advisory, and leadership development services, effectively positioning the firm as a full-stack CPA plus advisory practice for SMB and mid-market clients.

The firm serves family-owned businesses and nonprofit organizations as its two primary use-case segments, and markets industry-specific expertise across ten verticals: Construction, Healthcare, Hospitality, HVAC, Manufacturing and Distribution, Nonprofit, Professional Services, Real Estate, Technology, and Transportation. Distribution is relationship-based and regional, with direct partner-led client engagement, content marketing through an active blog and educational webinars, and a recurring Virtual Mastermind series for family-owned businesses. The firm's technology stack is built on third-party client engagement tools, prominently TaxCaddy (promoted as a free client document exchange platform), SafeSend Returns for tax return delivery, QuickBooks for client payroll and outsourced accounting work, and Smartsheet for workflow.

In February 2026, Haefele Flanagan acquired Mig Murphy Sistrom, CPA, PC, a nonprofit-focused accounting firm founded in 2002 and based in Durham, North Carolina, adding outsourced accounting, CFO advisory, and grant compliance depth to the nonprofit practice and establishing a Southeast geographic platform. The firm employs between 11 and 50 people, has not raised institutional capital, and operates as a partner-owned professional services firm with no parent company or PE ownership disclosed. Revenue is not publicly disclosed, and pricing is quote-based and varies by client complexity, industry, and scope of services.

Name

Haefele Flanagan

Legal name

Haefele Flanagan

Website

https://hfco.com

Company type

Private

Founded year

1970

Operating status

Operating

Headcount range

11–50 employees

Short description

Haefele Flanagan is a 50+ year-old certified public accounting and advisory firm headquartered in Maple Shade, NJ, serving family-owned businesses, nonprofits, and ten industry verticals with tax, assurance, advisory, and outsourced accounting services across the Northeast and Southeast US.

Ownership category

akta.pro rank

Headquarters

HQ city

Maple Shade

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Accounting and Assurance Services: Audit, review, and compilation services for businesses and individuals, providing financial statement verification and compliance assurance.
2. Tax Planning and Compliance: Federal, state, and local tax preparation, planning, and advisory services for individuals, businesses, and nonprofit organizations.
3. Business Advisory and Consulting: Advisory services including strategic planning, exit planning, business valuations, M&A advisory, and HFConsulting services such as executive coaching and leadership development.
4. Client Accounting and Advisory Services (CAAS): Outsourced accounting, CFO advisory services, and nonprofit accounting and advisory services including grant compliance.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels7 records

Core offering

Haefele Flanagan is a certified public accounting and advisory firm providing audit, tax, valuation, litigation support, business advisory, exit planning, M&A advisory, and outsourced controller/CFO services to businesses, nonprofits, and high-net-worth individuals. Service delivery is organized across core service lines, an outsourced Client Accounting & Advisory Services (CAAS) practice with a nonprofit specialization, and an HFConsulting sub-brand offering strategic planning, executive coaching, and leadership development.

Product overview

Haefele Flanagan (HFCO) is a certified public accounting and advisory firm offering a broad portfolio of professional services rather than a packaged software product. The firm's service lines include core accounting offerings (Accounting & Assurance, Tax Planning, Business Valuations, Litigation Support, Cost Segregation, and Employee Benefit Plans), advisory practices (Business Advisory, Exit Planning, Financial & Estate Planning, IT Innovation, and Mergers & Acquisitions), and an outsourced accounting division (Client Accounting & Advisory Services / CAAS) that includes a specialized Nonprofit Accounting & Advisory Services sub-practice. HFConsulting provides strategic planning, executive coaching, and leadership development under a separate sub-brand. In February 2026, HFCO expanded its nonprofit capabilities by acquiring Mig Murphy Sistrom, CPA, PC, a Durham-based nonprofit accounting firm. For client document management, the firm promotes TaxCaddy as a free tool for gathering and sharing tax documents. The overall structure is a full-service CPA firm organized by service discipline and consulting sub-brand, not a software platform with modules.

Differentiator

Problem solved

Functional benefit

Products and services

• Accounting & Assurance Audit, review, and compilation services providing financial statement verification, internal controls assessment, and regulatory compliance for businesses and organizations.
• Business Advisory Strategic advisory services helping businesses with financial decision-making, operational improvements, and long-term planning across various industry verticals.
• Business Valuations Professional business and intangible asset valuation services for transactions, estate planning, gift tax, litigation support, and financial reporting purposes.
• Client Accounting & Advisory Services (CAAS) Outsourced accounting and CFO advisory services including bookkeeping, financial statement preparation, controller-level oversight, and strategic financial guidance for businesses and nonprofits.
• Nonprofit Accounting & Advisory Services Specialized nonprofit accounting and advisory offerings including grant compliance, fund accounting, financial statement preparation, and CFO advisory services tailored for nonprofit organizations.
• Cost Segregation Tax-focused cost segregation studies that reclassify building components to accelerate depreciation deductions, reducing federal income tax liability for property owners.
• Employee Benefit Plans Audit and compliance services for employer-sponsored retirement plans, including 401(k) and defined benefit plans, ensuring adherence to ERISA and Department of Labor requirements.
• Exit Planning Strategic planning and execution services for business owners preparing to sell, transition, or transfer ownership, covering valuation, deal structure, tax minimization, and post-transition planning.
• Financial & Estate Planning Comprehensive financial planning and estate planning services including wealth accumulation strategies, estate tax minimization, trust planning, and intergenerational wealth transfer.
• IT Innovation Technology advisory services helping clients evaluate, select, and implement accounting and business software systems, including cloud migration and digital transformation consulting.
• Litigation Support Forensic accounting and litigation support services including business damage calculations, divorce proceedings assistance, bankruptcy consulting, and expert witness testimony.
• Mergers & Acquisitions M&A advisory services encompassing buy-side and sell-side due diligence, financial modeling, deal structuring, valuation, and post-merger integration support.
• Tax Planning Year-round tax planning and preparation services for individuals, businesses, and nonprofits, including federal, state, and local tax compliance, tax provision work, and strategic tax minimization.
• HFConsulting A consulting division offering strategic planning, transition and exit planning, executive coaching, business advisory, and leadership development services for business owners and executive teams.

Segments11 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Partnerships

One partnership is on record.

• Mig Murphy Sistrom, CPA, PCcoreStrategic or Co-development Partner · 19 February 2026Acquisition of Mig Murphy Sistrom, a nonprofit accounting firm founded in 2002 and based in Durham, North Carolina. The acquisition strengthens Haefele Flanagan's nonprofit practice by adding expertise in outsourced accounting, CFO advisory services, grant compliance, and nonprofit financial operations, while extending the firm's geographic footprint into the Southeast region.

Scale indicators1 record

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• RSM US: National mid-market-focused CPA and advisory firm with a Philadelphia-area presence, serving similar middle-market clients with tax, audit, consulting, and outsourced services across overlapping industries.
• Baker Tilly US: Top-10 national CPA and advisory firm with a strong Mid-Atlantic presence offering tax, audit, advisory, and consulting services across all of Haefele Flanagan's verticals, but at meaningfully larger scale and broader geographic reach.
• Wipfli: Large U.S. accounting and advisory firm with a comparable middle-market focus and a strong outsourced accounting/managed services offering that directly overlaps with Haefele Flanagan's CAAS practice.

Direct peers

• Withum: Mid-Atlantic-rooted CPA and advisory firm with a comparable service mix (tax, audit, advisory, outsourced accounting) and similar middle-market client profile, though larger and more geographically diversified.
• Kreischer Miller: Mid-Atlantic CPA and advisory firm of similar size, offering tax, audit, advisory, and outsourced accounting services to closely overlapping SMB and family-owned business clients in the Greater Philadelphia/South Jersey region.
• Citrin Cooperman: Mid-market CPA and advisory firm offering tax, audit, business advisory, and outsourced accounting services to closely aligned SMB clients, with comparable industry-specialized practice areas and an active acquisition strategy.
• Clark Schaefer Hackett: Mid-market CPA and advisory firm of comparable size offering tax, audit, business advisory, and outsourced services to middle-market and family-owned clients, with an active acquisition-led growth model similar to HFCO's roll-up approach.
• Sax LLP: Mid-market accounting and advisory firm with a comparable mix of tax, audit, wealth management, and advisory services, including a strong nonprofit and family business practice that mirrors Haefele Flanagan's positioning.
• BCRS Associates, LLC: Mid-Atlantic-based accounting and advisory firm of similar size serving closely comparable SMB and family-owned clients with tax, audit, and business advisory services in the Philadelphia/South Jersey corridor.
• GRF CPAs & Advisors: Mid-Atlantic CPA and advisory firm with a dedicated nonprofit, association, and government practice and a similar advisory-led positioning, competing directly for nonprofit and family-owned business clients.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/HaefeleFlanagan
• Facebookfacebook.com/haefeleflanagan
• LinkedInlinkedin.com/company/haefele-flanagan
• Instagraminstagram.com/haefeleflanagan

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Haefele Flanagan