UBCC Acquired by Pioneer Accounting Group

On October 21, 2024, in Lehi, Utah, Universal Business Computing Company (UBCC) was acquired by Pioneer Accounting Group, based in Seattle, Washington. UBCC is recognized as a leading provider of software for high-volume, high-productivity payroll and accounting professionals. The deal was initiated by Armaven Pogosyan, the founder of Pioneer Accounting Group, who was impressed by the productivity of UBCC software after using it in a previous accounting practice he acquired. Pogosyan plans to integrate UBCC's advanced software across his firms to enhance efficiency. Ken Garen, a co-founder of UBCC, expressed his satisfaction with the transition, highlighting the importance of maintaining UBCC’s technology for clients. The acquisition ensures continuity for UBCC employees, who will stay on, and ongoing support, updates, and enhancements for current clients will remain as previously provided. The goal is to preserve and elevate UBCC’s reputation within the industry. UBCC, established in 1981, offers tailored software solutions for professional accounting and payroll operations, with various packages catering to different organizational needs. The company’s software boasts flexibility, capable of functioning across multiple platforms, allowing users to produce customized reports and enables data import/export to enhance productivity. The acquisition marks a significant milestone for both UBCC and Pioneer Accounting Group, promising to deliver improved services and efficiency for all clients involved. As the industry evolves, this strategic move positions both entities to adapt and thrive in a competitive landscape.