Lexington, Ky.-based Dean Dorton Allen Ford (FY17 net revenue of $30.8 million) is expanding its presence beyond Kentucky for the first time by merging in Massey Consulting of Raleigh, N.C., which specializes in accounting software products and services.
Massey Consulting’s team will join Dean Dorton’s technology consulting practice and expand the firm’s accounting software expertise, implementations and integrations. The merger will be effective Jan. 1
Over the last several months, Dean Dorton has announced several areas of expansion including the establishment of a new entity – Dean Dorton Wealth Management, as an independent, registered investment advisor offering a range of services including retirement planning, investment consulting, portfolio management, and a host of other holistic financial planning services. Dean Dorton Technology also launched a full-service cybersecurity practice.
“Merging with Massey Consulting increases our robust accounting software solutions team and provides an opportunity to serve clients in a broader regional area as well as expanding our capabilities nationally,” says David Bundy, president and CEO of Dean Dorton. “We continue to stay true to our culture, which is to pursue opportunities for mergers only if the fit is right for our team members, our clients and the timing makes sense for the firm. As we continue to see higher-than-average organic growth year over year, we recognize that our presence is no longer regional but growing rapidly.”
Philip Massey, president of Massey Consulting, says, “Our clients’ needs always come first. With the combination of developing client needs and continuous growth, it was critical for us to find a way to continue providing high-quality service while providing clients with additional value through a broader range of specialty capabilities, advice and solutions. In addition, we want to offer more opportunities for our employees and referral partners who are the backbone of our business.”
Jason Miller, director of business consulting services at Dean Dorton, says, “When it comes to boosting our accounting software practice, Philip Massey and his team are a perfect fit. As a former CPA, Philip understands the nuances of various accounting roles and their needs, but also how software can be personalized and tailored to fit specific clients’ needs.”