Arnett Foster Toothman and Carbis Walker Announce Merger

Charleston, W. Va.-based Arnett Foster Toothman PLLC (FY13 net revenue of $20.7 million) and New Castle, Pa.-based Carbis Walker LLP announced that they will be merging. The new firm, Arnett Carbis Toothman LLP, will become official Jan. 1.

“This is a welcome merger of two highly diverse and well-managed firms who share similar corporate cultures and philosophies,” says Steve Robey, CEO of the new firm. “It is a bold and an exciting move not only for our firms but for our region. Our combined expertise makes Arnett Carbis Toothman ideally positioned to provide clients even higher levels of service and counsel, and in broader areas.”

Arnett Carbis Toothman’s Pennsylvania offices will include locations in New Castle, Pittsburgh, and Meadville, complementing West Virginia offices in Charleston, Bridgeport, Buckhannon, Morgantown and Lewisburg, as well as Columbus, Ohio.

“The new firm immediately enhances our existing niche sectors and strengthens new business opportunities,” says James Hunt, formerly Carbis MP who will now be chairman of the firm’s executive committee. “Our combined expertise and experience in sectors such as health care, construction, financial institutions, oil and gas/natural resources, and manufacturing, among others, will certainly be an asset to clients requiring world-class service over a regional footprint.”

Allan Koltin, CEO of Koltin Consulting Group, who advised both firms on the merger commented, “this merger represents a new and emerging trend in our profession in that it involves two Top 200 firms coming together to create a Top 100 firm.”