CliftonLarsonAllen has acquired the Charlotte, N.C.-based accounting firm Monaghan Group.
Monaghan Group provides resources for interim accounting roles and financial projects throughout Charlotte, Triad and Triangle areas of North Carolina.
“Monaghan Group has garnered a strong reputation in the Southeast business community for many years as a result of providing exceptional service to its clients,” CLA Charlotte partner-in-charge John Berens said in a statement. “The combination in North Carolina represents a perfect fit for CLA. Monaghan Group’s entrepreneurial approach and commitment to business solutions for its clients match CLA’s culture and mission perfectly. The blend of skills across both firms allows us to continue to expand our capabilities and deliver maximum impact in helping our clients.”
More than 50 Monaghan Group professionals, including partners Beth Monaghan and Nancy Brown, joined CLA. Monaghan founded the firm in 1996 and has served both public and private companies, including 85 percent of the area’s Fortune 500 companies. Brown has worked closely with Monaghan for more than 10 years and specializes in financial analysis of products and business lines, month-end closing, financial reporting, corporate budgeting, and management reporting.
“I built Monaghan Group on the principles of professionalism, responsiveness and quality,” Monaghan said in a statement. “CliftonLarsonAllen practices the same values and dedication in supporting its clients and employees. We’re very enthusiastic about joining an organization that so closely aligns with our own.”
The Monaghan Group plans to move into the CLA Charlotte office at 101 North Tryon Street in the Independence Center.