Troy, Mich.-based IPA 100 firm Doeren Mayhew (FY22 net revenue of $116.7 million) has acquired Miami-based credit union CPA firm Nearman Maynard Vallez CPAs.
This acquisition propels Doeren Mayhew to secure a spot as the foremost credit union auditor in the United States, the firm announced.
Effective immediately, Nearman Maynard Vallez CPAs will operate under the Doeren Mayhew banner, and its four partners, Chris Vallez, Jennifer Hoskins, Ellen Vargo and Lynn Franzosa will integrate into the financial institutions group leadership team, along with their employees.
“This acquisition signifies another remarkable milestone in our firm’s strategic expansion and reaffirms our steadfast commitment to the credit union sector,” stated Chad Anschuetz, managing shareholder and chairman at Doeren Mayhew. “We are continuously seeking avenues to enhance our capabilities in this burgeoning niche and extend our national reach. Partnering with a firm whose dedication to the credit union industry mirrors ours is truly exciting.”
“Uniting with Doeren Mayhew represents a significant leap forward for our team,” remarked Chris Vallez, MP at Nearman Maynard Vallez CPAs. “Doeren Mayhew’s stellar reputation in the market presents us with a unique opportunity to offer our clients a broader spectrum of services while providing our employees with enhanced professional growth prospects within a larger firm.”
John Murnane, practice leader of Doeren Mayhew’s financial institutions group, added, “By combining our collective expertise, we are poised to redefine the accounting landscape within the industry, delivering added value and experience to meet the evolving needs of our credit union clientele.”
