Porte Brown Adds Katzenbach & Associates
Details: Porte Brown LLC has merged with Katzenbach & Associates, Ltd., a Bloomingdale-based public accounting firm. Professionals at Katzenbach & Associates are now operating under the Porte Brown name.
Bruce Jones, managing partner of Porte Brown, believes the merger will benefit clients of both firms. "Our mutual core values, expertise, and guiding philosophies will make this an easy transition for our combined set of clients. Our success has always been attributed to our investment in people, processes, and technology. Under the Porte Brown umbrella, Katzenbach & Associates' clients will have access to a greater pool of resources and a larger team of professionals."
McCartney & Company and Maner Costerisan to Merge
Details: The accounting firms of McCartney & Company, P.C. and Maner Costerisan is in the process of merging. The combination will go into effect on Dec. 1, 2014 and McCartney & Company will be recognized as Maner Costerisan.
“We view this merger as a significant benefit for clients of both firms, as well as for our employees,” Maner Costerisan's president Jeffrey Stevens said in a statement. “Combining our resources and knowledge base is a tremendous win for our clients.”
Jeffery Irwin, president of McCartney & Company added: “ We feel confident that this merger enhances our ability to fulfill this objective, as well as giving us the opportunity to more effectively serve as a trusted advisor to our clients.”
MKG Celebrates its One Year Anniversary Merger
Details: November marks the one year anniversary since the former Gofrank & Mattina formally changed its name to Mattina, Kent & Gibbons PC. The name change was prompted by a May 2013 merger with Lapeer, Mich.-based Brown & Kent, P.C., one of several strategic moves that have allowed MKG to continue its positive growth trend in the northern Oakland County region and spanning into and beyond the more rural Lapeer County, approximately 60 miles north of Detroit.
“The greater Detroit market has a large public accounting presence,” Vincent Mattina, Jr., CPA and MKG shareholder said. “The Big Four are here along with several impressive national and regional firms. Still, we have found a wonderful niche serving clients with revenue of $3 million or more and we continue to gain a larger share of this market through internal growth, small, targeted acquisitions and more recently, the Brown & Kent merger.”
“We look for the right mix of tax, accounting and audit clients, but also a shared philosophy of integrity and client service,” Mattina said. “The 2013 merger with Brown & Kent was actually our only merger, but it was significant, bringing two new partners and ten staff into the fold for a total of six partners and 27 non-partner staff.”
The addition of the Brown & Kent team also brought new industry areas and expertise to the former Gofrank & Mattina.
“Brown & Kent brought us a busy agribusiness practice including large commercial farms, wholesale landscaping suppliers and farm implement dealers,” said Mattina. “Agribusiness is a multi-billion industry in Michigan and it is thriving. We are pleased to be a part of that sector now.”
O’Connor Davies bolsters its D.C. presence
Details: O’Connor Davies has expanded into the Washington D.C. metro area with the acquisition of Grubman Anand PC, an auditing and tax specialists of affordable housing properties. Top 100 Firm O’Connor Davies is in the midst of an unprecedented growth period, having expanded from 399 professionals to more than 550 in the past 24 months. This is the latest in a series of strategic acquisitions as the firm expands its geographic reach to meet the growing demand for specialized accounting expertise backed by the resources of a national firm.
“O’Connor Davies is growing quickly through strategic partnerships with highly specialized firms that bring the deep expertise our clients demand while aligning with the values and culture that have helped set us apart for years,” O’Connor Davies managing partner Kevin Keane said in a statement. “We recognize that in today’s dynamic market, you can’t sacrifice depth for breadth and provide the value clients expect or meet the high standard we’ve set for ourselves. Our ability to identify top performers and provide them with support and proven processes has been the key to our ability to scale quickly and stay ahead of the needs of U.S. and global clients.”
O’Connor Davies has completed mergers with five firms in key practice areas in the past 10 months. Its latest partnership with Grubman Anand, P.C., deepens O’Connor Davies’ stake in affordable and supportive housing services. The firm has been a leader for over three decades in areas including low-income housing tax credit (LIHTC) partnerships, HUD-assisted properties, and other government-subsidized and supportive housing entities.
“By joining forces with O’Connor Davies, we immediately enhance our position as recognized leaders in affordable and special needs housing,” said Stewart A. Grubman, president of Grubman Anand, P.C. “It’s exciting to join a firm that is growing so quickly without sacrificing culture or client service. It was clear from our first meeting that we share a common set of values and a commitment to being the best. We look forward to being part of what is becoming an elite national firm.”
With this latest expansion, O’Connor Davies now has eight offices in four states.
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