Two years after winning a $206.9 million Powerball jackpot, Ron Miller has sold his New Mexico CPA firm Miller & Associates to Accounting & Consulting Group LLP.
Miller and his son and partner Ryan Miller, along with other family members, are sharing in the proceeds of the lottery jackpot, whose cash payout option netted them $102.9 million after taxes, according to the New Mexico Business Weekly.
Their firm, located in the reputedly extraterrestrial inhabited town of Roswell, will aid Albuquerque-based Accounting & Consulting Group LLPs expansion throughout the state.
It fit the model of the type of firm that we like to acquire, said Accounting & Consulting Group partner Jeff McWhorter. The Roswell office will be his firms sixth in New Mexico, and along with another office of a member firm in Lubbock, Texas. The firm has a large tax planning, preparation and compliance practice, along with a large governmental assurance and auditing group, he added.
Miller, who specializes in litigation support and business evaluation, and his son, who specializes in auditing services, will join the firm. Financial terms of the transaction were not disclosed.
The Millers were on vacation and unavailable for comment.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access