Expanding into the western part of their shared state, Troy, Mich.-based IPA 100 firm Doeren Mayhew (FY20 net revenue of $84 million) is merging in IPA 300 firm Beene Garter LLP of Grand Rapids, Mich. (FY21 net revenue of $17.7 million).
“Doeren Mayhew is making strategic choices to grow in the right markets, with the right partners to fuel our ambitious five-year growth plan – this acquisition does just that,” says Doeren Mayhew managing shareholder Chad Anschuetz. “Beene Garter brings deep industry experience and technical expertise complementary to ours, along with a rich history and strong roots in the West Michigan market.”
Founded in 1949, Beene Garter, like Doeren Mayhew, provides audit and domestic tax services to clients in the manufacturing, wholesale and distribution, construction and non-profit industries. Doeren Mayhew will add Beene Garter’s food and agribusiness knowledge, its state and local tax expertise, as well as its Sage Intacct, third-party retirement plan administration and payroll practices. Beene Garter clients, meanwhile, will gain access to Doeren Mayhew’s suite of non-traditional CPA services in areas such as investment banking, real estate advisory, cybersecurity, SOC reporting and international advisory. As part of the deal, all 15 partners and 100-plus employees of Beene Garter will join the Doeren Mayhew team.
“I’m proud of the firm we’ve built, and Doeren Mayhew is the right firm to partner with for our future and our clients,” says Beene Garter MP Thomas Rosenbach. “We can continue the close relationships we have with our clients while providing them greater access to resources and services.”