Dean Dorton expands in Kentucky
Dean Dorton Allen Ford, a Regional Leader firm based in Lexington, Kentucky, has merged in BLD PLLC, expanding its presence in downtown Louisville, effective Jan. 1, 2019.
The firm is adding former BLD partners Tom Buetow and David Dick, along with 13 other former team members from BLD, short for Buetow LeMastus & Dick, bringing the firm to a total of 250 people.
Financial terms of the deal were not disclosed. Dean Dorton ranked 11th on Accounting Today’s 2018 Regional Leaders list for the Top Firms in the Southeast, with $28.71 million in annual revenue.
Dean Dorton has expanded in several areas in recent months, adding Massey Consulting in Raleigh, North Carolina, at the beginning of the year as well. The firm also recently created Dean Dorton Wealth Management, an independent, registered investment advisor offering retirement planning, investment consulting, portfolio management and other financial planning services. Dean Dorton Technology added a cybersecurity practice last year, and established Dean Dorton Healthcare Solutions, offering medical billing and credentialing for physicians and physician practices.
The latest expansion will increase Dean Dorton’s client base in Louisville, Kentucky, and Southern Indiana. “The addition of Tom, David and their team helps us to better serve our growing practice,” said Dean Dorton president and CEO David Bundy in a statement. “We are enthusiastic about continuing the high level of service and expertise these new team members have provided to its notable client base.”
The former BLD partners see the deal as a way to provide more opportunity for their staff and clients.
“Our clients’ needs always come first,” said Dick. “With the combination of developing client needs and continuous growth, it was critical for us to find a way to continue providing high-quality service efficiently and effectively while providing clients with additional value through a broader range of specialty capabilities, advice, and solutions. In addition, we want to offer more opportunities for our employees and referral partners who are the backbone of our business.”