Dixon Hughes to Merge in Memphis Firm

Super-regional CPA and business advisory firm Dixon Hughes said it would merge with Rhea & Ivy PLC. effective Feb. 1. Terms were not disclosed. The union will add some 70 employees and 12 partners to Dixon Hughes. Upon completion of the merger, Rhea & Ivy, headquartered here, will operate under the Dixon Hughes brand. The Rhea & Ivy team will remain in Memphis, while an existing Dixon Hughes office in Memphis -- whose client roster is comprised primarily of auto dealerships -- will combine with the new Memphis practice, bringing that team to more than 90 people. Ranked No. 17 on Accounting Today's 2007 Top 100 Firms list, Dixon Hughes generated annual revenues of $155 million.