January 31, 2013

Marcum LLP Merges Parent, McLaughlin & Nangle into New England Practice

Marcum LLP Merges Parent, McLaughlin & Nangle into New England Practice

New York City, NY – Marcum LLP today announced that the offices of Parent, McLaughlin & Nangle CPAs, Inc. have merged into the Firm’s New England practice, effective immediately. The merger combines a leading Massachusetts CPA firm into a top-ranked national accounting and advisory firm with offices in the U.S. and abroad.

PMN brings six partners and 30 professional staff to Marcum’s Massachusetts practice and adds a fourth office to the Firm’s New England region. Founded in 1976, PMN specializes in serving financial institutions and other service organizations; not-for-profit organizations; and closely held businesses. The Firm is ranked as a Top 3 audit and accounting provider in Banker & Tradesman’s Best of 2012.

“PMN’s deep roots in the Boston financial services community are an asset that will further strengthen our service offering in the New England region. The Firm is particularly well known for its work in community banking and nonprofit services, which strategically complements Marcum’s core capabilities in these and other industry sectors. In addition, PMN’s office in Raynham expands our geographic footprint in the region,” said Jeffrey M. Weiner, Marcum’s Managing Partner.

“Marcum’s extensive national resources will enable us to expand well beyond what we would have been able to accomplish on our own. The expertise and experience of both firms are a great natural fit,” said David A. St. Yves, PMN Partner & President.

“PMN brings both talent and additional critical mass to our Boston team. We anticipate great synergies within the merged organization,” said Douglas J. Farrington, Partner-In-Charge of Marcum’s Boston office.

“This merger will bring together one of the best known audit firms in Boston with a major national CPA firm that has one of the fastest growing New England practices. Marcum will provide PMN clients with a wide range of additional services, while PMN will expand Marcum’s audit services in the greater Boston community. There is also a wonderful cultural fit between the two firms which will provide great opportunities for both clients and staff,” said Stephen Weinstein, a New England-based practice management consultant to the CPA profession who introduced the merger partners.

About Marcum LLP
Marcum LLP is a top-ranked national accounting and advisory firm dedicated to helping entrepreneurial, middle-market companies and high net worth individuals achieve their goals. Marcum’s industry-focused practices offer deep insight and specialized services to privately held and publicly registered companies, and nonprofit and social sector organizations. Through the Marcum Group, the Firm also provides a full complement of technology, wealth management, and executive search and staffing services. Headquartered in New York City, Marcum has offices in major business markets across the U.S. and select international locations. #AskMarcum.