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Kostin Ruffkess buys Farmington IT firm

CORRECTION: A previous version of this story miscounted Adnet’s workforce.

Farmington accounting-consulting firm Kostin, Ruffkess & Co. LLC has branched into information technology consulting with its purchase of Adnet Technologies Inc. of Farmington.

The deal was completed Aug. 1 for undisclosed terms.

Kostin, Ruffkess, founded in 1949, serves public and private middle-market companies, nonprofits and individuals.

Adnet started in 1991 providing strategic technology and business application consulting and other services to clients, said Adnet CEO Edward Laprade.

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In May, Adnet relocated headquarters from 900 Day Hill Road in Windsor to 312 Farmington Ave., next door to the Farmington Exchange. Adnet and its approximately 40 employees are staying put, a spokeswoman said.

Kostin Ruffkess, with another 140 employees, is based about two miles away at 76 Batterson Park Road.

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