Mountjoy & Bressler and Chilton & Medley to Merge
18 Sep 2009
Two of Kentucky's premier accounting firms - Mountjoy & Bressler and
Chilton & Medley - are merging to form Kentucky's largest CPA
firm. The merger will take place 1 November and the new firm will
be called Mountjoy Chilton Medley.
Mike Mountjoy and Diane Medley will serve as co-managing
"This is a marriage of equals," Medley said. "These are two
excellent firms with long track records of client service and
community involvement. It's a perfect match."
Mountjoy agreed: "The end result will be more than just the sum
of its parts. This partnership will bring together the best
practices of two large local firms to form one outstanding Kentucky
firm with more resources so we can provide better serve our clients
and provide more opportunities for our people at the same fee
structure for clients."
The merger was also be an opportunity for significant growth,
"Over the years we have considered a variety of options to
improve services to our clients and grow our firm," he said. "As
with most businesses, we have considered merger and acquisition as
one of the options."
Another advantage of the merger, Mountjoy said, is that "this
will be a Kentucky-based firm serving Kentucky businesses and
keeping tax dollars in the state vs. hiring an out-of-state firm
with a local satellite office. We are committed to Kentucky."
The combined firm will have "the expertise in-house to address
virtually any business issues that arise," Medley said.
"As a result of this merger, our clients will have access to
more than 100 CPAs and over 200 professionals with diverse areas of
specialisation, dedicated to our clients," she said. "Clients will
still work directly with the same person the have always worked
with, but now we'll have internal contacts to help with issues we
might not have been able to in the past."
Medley said the merger will "ensure strong sustainability for
our current clients and position us to guide and navigate the
business plans of the region's growing marquee businesses and the
entrepreneurial organisations that haven't yet been conceived of or
She added: "It's about the future, and we have confidence that
MCM will be setting the pace in our market, as well as being a
strong contender in new markets we enter."
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