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    Handwerger, Cardegna, Funkhouser & Lurman, P.A. offers a broad range of services to help you secure a sound financial future.
  • Handwerger, Cardegna, Funkhouser & Lurman, P.A.

    Handwerger, Cardegna, Funkhouser & Lurman, P.A.

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Welcome to Our Website!

We are a full-service Accounting firm licensed in MD. We offer a broad range of services for business owners, executives, and independent professionals. We are affordable, experienced, and friendly.

Our firm is one of the leading firms in the area. By combining our expertise, experience, and the energy of our staff, each client receives close personal and professional attention.

Please call us today - we'll be happy to offer you a free initial consultation. Thanks for visiting!

Success Stories

Our firm played an integral role in helping the owners of a large electronics distribution company sell their business to a public corporation.  The detail of the deal and the due diligence process were complex and intensive.  This was an old family business with three generations of family members involved.  This put us in a position of not only dealing with the finances of the deal, but with the family dynamics as well.  There were many issues that needed to be dealt with to allow for a smooth sale and transition.  We worked closely with all parties for several months to help make the sale a reality that was extremely beneficial for our client.

One of the firm’s long-term clients, a medical specialty practice, was approached by a syndication firm offering their services to market the firm to investors.  If a sale was completed, the owners could potentially realize a significant gain and continued employment.  The practice was in a growth mode over the past six or seven years acquiring additional offices in the same specialty.

Our firm was instrumental in assisting the syndicators in producing the practice sales package.  Our involvement was primarily providing the financial history and revenue analysis assistance.  Offers started to be received.  One in particular was superior.  We then assisted in answering inquiries received from the potential buyer about financial specifics.  Then the buyer began their due diligence process.  It included the engagement of one of the largest international accounting and consulting firms.  We then assisted in resolving their numerous questions and accounting matters; all questions were resolved.  We also prepared calculations of the income tax ramifications for our clients.

The buyers wanted to close the deal in less than three weeks, considered a very short amount of time for this type of transaction.  We continued to be instrumentally involved in that process.  The deal was closed, as required by the buyers.  Since the particulars of the transaction occurred so quickly, many estimates were used at the closing.  The contracts called for a post-closing review of the financial figures used.  Another consulting firm was engaged by the buyers for this procedure.  That process, which is almost completed, should not have any significant changes.

Our assistance for all the steps resulted in a lucrative financial result for our client.

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