Melanson Merges Into Marcum
JANUARY 3, 2023 (New York City, NY) – Marcum LLP today announced that Melanson, P.C. of Merrimack, New Hampshire, merged into Marcum, effective January 1.
The firm’s 13 partners, 100 associates, and four offices in Maine, Massachusetts, and New Hampshire become part of Marcum’s New England region. They join Marcum’s eight established New England offices.
Terms of the deal were not disclosed.
Founded in 1976, Melanson was a regional public accounting firm serving both individuals and businesses, with specializations in the government and nonprofit sectors, as well as managed accounting services. The firm routinely earned the highest rating in peer reviews and was ranked a Regional Leader by Accounting Today and a top 300 firm by Inside Public Accounting.
“The Melanson team is highly regarded for their leadership, commitment to superior client service, and dedication to the highest industry standards. They ran a highly respected and accomplished firm, and we warmly welcome them to Marcum,” said Jeffrey M. Weiner, Marcum’s chairman & chief executive officer.
“Melanson grew over more than 40 years by providing clients with exceptional financial advice and services while fostering a challenging and rewarding environment for our employees. We’ve always believed that you can’t have one without the other, and this is what makes our future with Marcum so bright. We share an absolute commitment to individual and collective success that will benefit our clients and our people right out of the starting gate,” said Scott G. Toothaker, Melanson’s managing principal and now Marcum’s office managing partner in New Hampshire.
“The entire Melanson team strongly complements Marcum’s industry strengths in the government and nonprofit sectors, while expanding our New England presence. They will be a key asset to our clients and our team as we continue to grow in this region,” said Anthony Scillia, Marcum’s New England regional managing partner.
Allan D. Koltin, CEO of Koltin Consulting Group, who advised both firms on the combination, commented, “Marcum continues to have success with their geographic strategy of finding best-in-class regional leaders to join their firm. Melanson was one of the preeminent firms in New England, and their combination with Marcum should produce great growth and long-term value for both.”
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. 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.