Lexington, Ky.-based Dean Dorton (FY22 net revenue of $49.6 million), an IPA 100 and Best of the Best firm, and Fort Wright, Ky.-based IPA 200 firm VonLehman & Company (FY22 net revenue of $28 million) have announced a merger effective Jan. 1.
The new firm will operate as Dean Dorton, with 550 team members, and provide holistic accounting, business advisory and professional services through specialized expertise, depth of resources and a comprehensive line of services from offices in North Carolina, Indiana, Ohio and Kentucky. All existing Dean Dorton and VonLehman offices will remain the same.
This marks a significant milestone in Dean Dorton’s and VonLehman’s growth and commitment as business advisors. The merger allows both firms to continue long histories of providing innovative financial, technological and operational solutions that have led to their strong organic growth through the years.
“This merger is truly unique in that it combines two strong and healthy firms, one not dependent on the other, to redefine the client experience and the professional services landscape,” said Dean Dorton president and CEO David Bundy.
Adam Davey, president of VonLehman, said, “This merger is equally beneficial for our clients and our team. The synergies between our firms are palpable, and we’re excited to introduce our new service lines across our region. This is a mutually beneficial relationship where both firms provide unique value.” Following the merger, Davey will serve as Dean Dorton’s market leader in the greater Cincinnati area.
Apart from traditional accounting, auditing and tax services, the firm provides a full array of technology consulting, mergers and acquisition services, human resources consulting, comprehensive health care advisory services, family office, and specialized tax services geared toward high-net-worth individuals and family groups, as well as forensic accounting and litigation support, among others.