UHY Advisors has merged in MohnAllen P.C., doubling the firm’s size in the Maryland area.
The deal is part of Chicago-based UHY Advisors’ strategic plan to enhance its geographic presence and service capabilities throughout the U.S.
MohnAllen PC is a CPA firm based in Olney and Frederick, Md, The merger took effect Monday. As a result of the deal, Harold Mohn, managing partner of MohnAllen, and his more than 20 employees and professionals will be joining the existing UHY office in Columbia, Md., while also maintaining MohnAllen’s Frederick, Md., location.
“We are very happy to welcome our newest associates from MohnAllen” said UHY Advisors CEO Tony Frabotta in a statement. “We found a firm with a comparative culture of client service and professional growth and are excited about the increased skills and services that are an enhancement to our existing presence in the Maryland business community.”
Financial terms of the deal were not disclosed. UHY Advisors ranked 19th on Accounting Today’s 2015 list of the Top 100 Firms, with $203.59 million in annual revenue.
