Two Georgia Firms Announce Merger

Tracy G. Sharkey

Dublin, Ga.-based TJS Deemer Dana LLP (FY17 net revenue of $14.4 million) has announced its most recent expansion through a merger with Lew Salmon and team members.

Salmon founded Salmon Barton & Associates of Atlanta in 2010. The team provides a full range of accounting, tax and advisory services, with a specialization in the insurance industry.

TJSDD operates from four offices in Georgia – Dublin, Savannah, Atlanta and Duluth. With the combination, effective Dec. 1, the firm will have 122 employees.

“This combination allows us to extend our geographic footprint within Atlanta and beyond and add a great group of talented people all committed to helping clients achieve success,” says MP Tracy G. Sharkey.

Salmon says, “We have a long history of strong relationships with entrepreneurial businesses and individuals in the Greater Atlanta community. TJS Deemer Dana LLP shares our philosophy of helping our clients grow and succeed, and the merger will broaden and deepen our existing industry specializations, enabling us to offer more comprehensive business advice tailored to our clients.”

Salmon and his team members will continue to serve clients from their current office in Atlanta. Assisting in the merger was Transition Advisors, a merger and acquisition consulting firm serving the national accounting community.

TDT CPAs and Advisors Opens Larger Office in Des Moines

Jerry Kirkpatrick

Centerville, Iowa-based TDT CPAs and Advisors (FY17 net revenue of $11.3 million) has relocated its West Des Moines office to a new and larger space.

The space features TDT’s new branding, which was unveiled in May. The new office also provides the TDT staff with a mix of traditional office and open space, meeting the needs of staff in a variety of positions and generations. A large conference room, two small collaboration rooms, and multiple open collaboration spaces can be found among the personal offices and pods of cubicles.

MP Jerry Kirkpatrick says, “We entered the Des Moines market in February of 2016 with our primary goal being recruiting new team members. In the following two years, our Des Moines team and goals have grown. This larger space exemplifies our future firm, brand, and purpose to proactively help our clients achieve better results. We plan to see continuous progression, development, and advancement of our team and our clients in our new space.”

The new office is located at 1245 Jordan Creek Parkway in West Des Moines. The firm operates nine offices across the state of Iowa.

MSPC Announces Executive Team Changes

Patrick Trombetta

Cranford, N.J.-based MSPC Certified Public Accountants and Advisors (FY17 net revenue of $10.6 million) has announced that Jon Gagliardi, with more than 30 years of experience with the firm, has been named MP.

Gagliardi, who has a wide range of technical expertise, focuses on accountability and independent thinking. “We see a trend toward more consultative services. Clients need much more than tax returns and financial statements these days. They need professional advice on everything from growth to business wind-down.

We are focused on expanding our offerings to meet clients’ needs no matter where they are in the business life cycle,” notes Gagliardi. As part of the firm’s revised executive structure, Patrick Trombetta assumed the newly created COO role.

Richard Montalbano

Trombetta, who heads the firm’s employee benefit plans practice, takes on the management of firm operations. By sharing responsibilities, Gagliardi and Trombetta can both continue to serve their existing client base while handling various components of the Firm’s infrastructure.

MSPC also welcomes Richard Montalbano to the executive committee. Montalbano is PIC of MSPC’s New York office and has significant experience in complex tax situations and working with international clients.

James Flannery ended his 10-year term as MP Oct. 31. He will continue to serve on the executive committee in an advisory role for a year ensuring a smooth transition. He will now resume more active client relations assisting with consultative services such as mergers and acquisitions and succession planning.

MWA Joins CLA

Michael White

MWA CPA + Business Advisors, with offices in Plano and Fort Worth, Texas, joined Minneapolis-based CliftonLarsonAllen (FY17 net revenue of $866 million) on Nov. 1.

“As problem solvers and business builders, everything we do is designed to strengthen the people and organizations we serve,” says Mike White, MP of MWA. “Joining CLA means we can take this promise to another level. The synergies between MWA and CLA in the health care space, along with our shared focus on the small business owner and entrepreneur, allow us to expand the opportunities we can create for our clients, our people and our community.”

MWA is a team of CPAs, business advisors and accountants that focuses on client service and the delivery of enhanced accounting and advisory services to the community in Dallas-Fort Worth and beyond.

“Culturally and strategically, this is a fantastic fit and a lot of fun,” says Jerry McMillon, managing principal of CLA’s Dallas office. “Our clients count on us to know them, uncover opportunities and bring new ideas that can move them forward faster.”

Allan D. Koltin, CEO of the Koltin Consulting Group, and advisor to both firms says, “CLA is performing nationally at a level that is off the charts compared to their peers. The team’s leadership, innovation and endless passion for delivering a great client experience truly distinguish them in the markets they serve. CLA’s ability to develop talent and future leaders is as good as you will see in the industry today.”

Koltin continues, “MWA is the kind of firm that many regional and national firms wanted on their team, but CLA’s strategy, culture and service offerings made for the perfect alignment. Mike White is a one-of-a-kind leader – he is young, entrepreneurial and has an amazing skill that allows him to relate to people and clients and make a difference in their lives.

More than 40 former MWA team members will continue to serve clients locally and nationally from Plano and Fort Worth, expanding CLA’s Texas team to more than 200 professionals.

Acquisition Expands CBM Financial Planning and Investment Management Services

Councilor Buchanan & Mitchell (CBM), with offices in Bethesda, Md., and Washington, D.C., acquired May Barnhard Investments (MBI) on Nov. 1.

MBI, a fee-only financial management firm, provides comprehensive financial planning and investment management services.

MBI was founded in 2013 by Debora May, Judith Barnhard, Jeff May and Alex Seleznev. Debora and Jeff May and Barnhard were partners at May & Barnhard, a tax and financial consulting firm that merged into CBM in 2017. MBI will serve as CBM’s comprehensive financial planning and investment management affiliate under the management of Debora May, Barnhard and Seleznev, respectively chief investment officer, chief compliance officer and chief operating officer.

“CBM feels fortunate for our clients to be able to benefit from the expertise of MBI. With the addition of two chartered financial analysts and six certified financial planners we look forward to providing comprehensive financial planning, tax and investment management services,” says CBM MP Peter B. Reilly. “Debbie and Judy have done a great job in building such a highly regarded investment and financial management firm, and we at CBM are glad to be a part of it.”

“Since May & Barnhard joined CBM on Nov. 1, I’ve been pleased to see how well the financial services team we built, MBI, has become a reliable supplement to CBM’s core service areas,” says Debora May.

Apple Growth Partners Consolidates Cleveland Workforce

Akron, Ohio-based Apple Growth Partners (FY17 net revenue of $13.1 million) has been operating two locations in the Cleveland area since 2004, with offices and staff located in Independence, Ohio, and Beachwood, Ohio.

Effective Nov. 5, approximately 35 employees from both offices will be consolidating into a new office, also located in Beachwood.

The recent combination for the accounting and business advisory firm is part of a larger 2020 plan, beginning with the merger of Beachwood-based CPA firm KPFF in 2017.

“Welcoming the staff of KPFF to AGP has been a wonderful process,” states chairman Chuck Mullen. “After the transition was complete, we recognized the need for a joint, collaborative space for all of our Cleveland employees.”

While the Beachwood consolidation is one component of the firm’s 2020 strategic plan, future Cleveland office space hasn’t been ruled out. “We hope to have a downtown office in the future, and we’d welcome the opportunity to discuss a merger with any firms in the area,” says Mullen.

PrimeGlobal Welcomes Miller Grossbard Advisors

Brian Miller

Miller Grossbard Advisors of Houston (FY17 net revenue of $10.2 million), an IPA Best of the Best firm, has joined PrimeGlobal, an association of 300 independent public accounting firms in 80 countries.

“At MGA, our approach is simple,” says partner Brian Miller. “We’re not about services rendered. We’re about relationships. Our highly experienced professionals – the best in their field – expertly help clients navigate every financial intricacy, from tax preparation and planning to assurance services to business sales to a sound succession plan.”

Michelle Arnold, the chief regional officer for North America, says, “PrimeGlobal member firms and their clients will reap immediate benefits from the knowledge and expertise that MGA demonstrates, especially in the proactive and innovative way they run the firm. We share a mutual belief with their firm: that lifetime relationships, pioneering technology and quality are key to business success.”

Thomas Howell Ferguson Admits Two Partners

Julian Dozier

Julian Dozier

Tallahassee, Fla.-based Thomas Howell Ferguson (FY17 net revenue of $11.2 million), announces that Julian Dozier and Brian Walgamott have been admitted as shareholders and will join the eight other shareholders as owners of the company.

A graduate of Leadership Tallahassee Class 32, Dozier has been providing assurance, consulting and other accounting services since 2006. He has a special interest in for-profit entities with specialized engagements that include forensic and financial statement audits and litigation support. He is a board member of several organizations and has won numerous local and national awards.

Brian Walgamott

Brian Walgamott

Walgamott, also a graduate of Leadership Tallahassee Class 35, has been providing tax, consulting and outsourced CFO services since 2008. His current clients served include corporations, partnerships, trusts and high-net-worth individuals. He has a special interest in the medical, professional service, and technology industries. He is treasurer of Big Brothers Big Sisters in his area and has received a “Top 40 Under 40” award.

Winston Howell, MP of Thomas Howell Ferguson states, “Julian and Brian have been consistently outstanding in their career and personal growth and development. Each has worked hard to not only achieve their career goals but also advance and create awareness for the CPA profession as a whole. It has been an incredible journey over the past decade of watching both of these young men become seasoned CPAs in our firm.”

Two North Carolina Firms Merge

Charlotte, N.C.-based McClure CPA has joined Greensboro, N.C.-based Bernard Robinson & Company (FY17 net revenue of $16.1 million).

This union extends BRC’s presence in North Carolina by expanding into the Charlotte and North Wilkesboro markets. BRC now has more than160 employees and six locations in the state.

Combined under the name Bernard Robinson & Company, the newly expanded firm will be in an even better position to serve its clients, its communities and its employees. “Their firm and people have a great reputation in Charlotte, North Wilkesboro and beyond,” says Alisa Moody, CEO of BRC.

“In adding their skills to ours at BRC, we will greatly reinforce our assurance, tax and business advisory offerings,” says David McClure, MP of McClure. “A lot of thought and consideration was put into this effort. BRC’s commitment to maintaining a great place to live and work matches perfectly with our culture.”

Wade Pack, BRC’s MP, adds, “Our firm has always been committed to continuously enhancing the depth and breadth of our client-service capabilities and this combination of professionals will do just that. Plus, we look forward to continuing to be a valued community partner and expect a seamless transition as our team grows.”

Brand Tax Group, Hancock Askew & Co. to Merge

Michael McCarthy

Savannah, Ga.-based Hancock Askew & Co. (FY18 net revenue of $15.7 million) and Brand Tax Group of Tampa, Fla., have announced a merger. Hancock Askew will open an office of Tampa, Fla., in addition to offices in Savannah, Atlanta and Miami.

“This merger allows our firm to further expand our reach into Florida,” says Michael McCarthy, MP of Hancock Askew. “The experienced technical accountants who will join our team from Tampa will allow Hancock Askew to continue increased growth and success in the Southeast region.”

Kristen Brand

Brand Tax Group provides tax, accounting and payroll services and specializes in Florida certified sales tax audits and franchise business services, a statement announcing the merger said.

The merger with Hancock Askew provides Brand Tax Group clients with expanded value and services “while maintaining our signature approach of excellent client service,” says Kristen Brand, managing director of Brand Tax Group.

In Georgia and Florida, Hancock Askew employs over 100 professionals.