New Year, New Name for Kennedy and Coe
Top 100 Firm, Kennedy and Coe kicked off the New Year by finalizing its merger with Matson and Isom and followed up with a name change. The Loveland, Colo.-based firm officially sealed the deal on January 1, and the newly combined firm, which primarily serves the food and agriculture industry, changed its name to KCoe Isom.
The two initially announced plans to merge in June 2014. (see Kennedy and Co and Matson and Isom to Merge.) “We first explored merging because Kennedy and Coe and Matson and Isom both originated in rural communities in Kansas and Northern California, respectively, where agriculture and food production were, and still are, predominant,” explains Jeff Wald, KCoe Isom’s CEO. “Food and ag makes up about two-thirds of our business. Our firms came together because we shared a single vision: to positively impact the future of farming and food production in America.”
KCoe Isom has approximately $56.3 million in revenue and 360 people, who provides services in the U.S. and abroad. The firm is embedded throughout the food-supply chain, working with producers, input suppliers, processors, packagers, distributors, biofuel manufacturers, equipment dealerships, landowners, lenders, and agencies and policy organizations that support the industry.
The firm also has strong regional presence in community banks, construction, real estate and development, manufacturing, healthcare, education and technology.
“While our industry synergy was definitely important, this merger happened because our leaders are invested in being vastly better than the typical CPA firm in three ways: through our focus and impact, passion and talent, and better business model,” said Wald. “Focusing deeply on just a few industries, we harness the passion and talent of true specialists in order to deliver meaningful and life-changing results.”
“We also operate with a pretty rare (for CPA firms) business model that is much more customer-friendly. We provide prices in advance, based on clients’ perception of worth for whatever we’re committing to bring to the table. We do this because valuable results are what matter to people, not the amount of time spent doing the work.”