Scottsdale, Arizona-based High Rock Accounting is acquiring St. Paul, Minnesota-based The Mobius Group, effective Nov. 1.
Founded in 2000, The Mobius Group focuses on accounting and training services for nonprofits. The acquisition builds on High Rock’s industry vertical strategy.
Financial terms of the deal were not disclosed, but the Mobius team will be joining High Rock, and Mobius founder Megan Genest Tarnow will be taking on the role of industry leader for the nonprofit space.
“I could not be more thrilled to announce that Mobius is joining High Rock. Megan and her team bring a level of excellence to the nonprofit space that is unparalleled,” said High Rock CEO and founder Liz Mason, in a statement. “Together we will be able to accelerate our collective reach and give a bit more good back into the world. Our entire team is honored that such a powerhouse group has chosen to join us.”
“I and the whole team at Mobius are excited to be joining forces with the powerful, women-led firm of High Rock Accounting,” Genest Tarnow said in a statement. “We look forward to leveraging the power of this larger team to advance the vision we’ve had since the very beginning: accurate, actionable financials for nonprofits.”
