New Philadelphia, Ohio-based IPA 100 firm Rea & Associates (FY22 net revenue of $70 million) announces its merger with Sarasota Fla.-based Koontz & Parkin effective June 1. This strategic alliance signifies Rea’s commitment to expansion beyond Ohio, particularly within the construction and real estate sectors.
Jo Ann Koontz, co-founder of Koontz & Parkin, expresses enthusiasm for the merger, stating, “We’re excited to merge with Rea because both firms value top talent, hard work, exceptional client service, collaboration, innovation and growth.”
Mark McKinley, CEO of Rea, adds, “Koontz & Parkin clients will now have access to some of the greatest accounting and consulting professionals in the country. Coming together is a natural fit for both of our firms, since we value the same core beliefs.”