Winston-Salem, N.C. (April 29, 2003) - Dixon Odom has acquired area accounting firm Royster Smith Shelton & Co., effective June 1.
The 30-person Royster Smith Shelton will be fully merged into the larger firm, adopting the name Dixon Odom. Terms of the deal were not disclosed.
“Merging Royster Smith Shelton into Dixon Odom is a good fit for both firms and the clients we serve,” said Martin Schlaeppi, Managing Partner of the Triad Practice Group. “It is exciting to find a local business partner that shares our vision and client service philosophy. Dixon Odom will now have over 200 employees in the Triad, making us the largest CPA firm headquartered in the area. Our size and structure will allow us to focus not only on the middle market but expand the size of the clients that we serve as a result of recent changes in the accounting industry,” added Schlaeppi.
Last year, Dixon Odom expanded its healthcare group by merging Clarksburg, W. Va.-based Doak, Cuppett and Poling into the accounting firm. It also expanded its auto dealership niche practice with the merger of George B. Jones Cos., a Memphis-based CPA firm that specializes in serving the dealership industry.
Dixon Odom ranks among the nation’s 30 largest CPA firms. As a result of the merger, the firm will have a staff of approximately 460, including 47 Members, located in 16 offices in Alabama, Georgia, North Carolina, Texas, Tennessee and West Virginia including Atlanta, Birmingham, Charlotte, Clarksburg, Dallas-Fort Worth, Greensboro, Greenville, High Point, Memphis, Raleigh, Rockingham, Salisbury, Sanford, Southern Pines, Thomasville and Winston-Salem.
-- WebCPA staff
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