ParenteBeard LLC Announces Combination with McCrory & McDowell, LLC
4 May 2011
Philadelphia-based ParenteBeard LLC,
the largest CPA firm headquartered in Pennsylvania, USA, and an
independent member of Baker Tilly International, and McCrory &
McDowell, LLC, one of the largest Pittsburgh based accounting and
consulting firms, announced today they will combine practices,
effective 1 June 2011. This combination expands the firm's
Pittsburgh presence, creating the largest single office for the
firm which will operate under the name ParenteBeard.
"McCrory & McDowell has a reputation for excellence and an
entrepreneurial spirit that is consistent with the values and
principles of our firm," said Bob Ciaruffoli, ParenteBeard CEO.
"This combination capitalises on the strengths of both firms to
create a unique, significant CPA and consulting services firm in
the Pittsburgh region, which will benefit our clients, our team
members and the larger business community."
ParenteBeard has 1000 employees serving middle market and small
business clients. The 145 partner firm has locations in
Pennsylvania, New York, New Jersey, Maryland, Delaware and Texas.
The firm is ranked among the Top 25 firms in the USA.
Established in 1951, McCrory & McDowell brings 11 partners
and 70 team members to the combined practice. Both firms
provide comprehensive audit, accounting, tax, and consulting
services to large and small companies in a wide variety of
industries. Additionally, McCrory & McDowell's Dewey &
Kaye division, the region's largest non-profit consulting group,
provides specialised consulting services to non-profit
organisations, including strategic planning and executive
McCrory & McDowell founding partners Ken McCrory and Mike
McDowell expressed their excitement about the upcoming
merger. "This combination will provide significant advantages
to our clients along with great opportunities for our partners and
employees," said Ken McCrory. "The merger will make us larger
and more diverse while expanding our established presence in
Pittsburgh. We'll be able to offer tremendous options for all
size businesses seeking comprehensive accounting and advisory
solutions. Our 60 year commitment to client service is now enhanced
with added resources and capabilities. Expanded service
offerings, within the region and beyond, will allow our clients and
employees to thrive and grow."
Mike McDowell says he expects the transition will be seamless as
both firms share the same values, culture and commitment to quality
services. "While McCrory & McDowell's name is changing to
ParenteBeard, clients will still be working with the same people
they have come to know and trust through the years. In combining
with ParenteBeard, we are positioning ourselves to strengthen the
range of personalised services we deliver," noted
McDowell. "By delivering the exceptional client service that
is our hallmark, we will continue to provide our clients with the
calibre of professional services they have come to expect."
Back to news