MDG Joins Marks Paneth

New York-based Marks Paneth (FY15 net revenue of $110.9 million) has announced that the six partners and 14 staff of MDG LLC of Jenkintown, Pa., have joined the firm, expanding its presence into the Philadelphia marketplace.

Since its founding in 1979, MDG has offered comprehensive accounting, tax and advisory services – including financial reporting and attest; tax planning, compliance and consulting; forensic accounting; business valuation; and litigation support – to a diverse array of clients across the technology, real estate, commercial fishing, manufacturing, distribution and nonprofit industries.

“We are continually looking for quality firms whose specialties complement our own – ultimately, adding value to enhance our clients’ experience,” says Harry Moehringer, Marks Paneth’s MP. “This acquisition adds depth and expertise to our firm, while extending our capabilities and footprint outward to the dynamic Philadelphia marketplace.”

“Even in the early stages of our discussions, the cultural synergies between our two firms were apparent,” says John Mitchell, MP of MDG. “Joining Marks Paneth gives our clients access to actionable insight, particularly in the areas of real estate, nonprofit, domestic and international tax, and litigation support services.”