Goodman & Company, which has a significant presence in Roanoke, and Dixon Hughes plan to merge their firms and affiliated entities March 1.
Headquartered in Charlotte, the combined firm will be known as Dixon Hughes Goodman LLP. With more than 1,700 people in 30 offices in 11 states and D.C., Dixon Hughes Goodman will be the largest certified public accounting firm based in the Southern U.S. and the 13th largest in the nation.
Goodman & Company will retain all of its existing Virginia, Maryland and Washington, D.C. offices, and will seek to expand its presence within this footprint as part of the merger. Thomas H. Wilson, Managing Partner of Goodman & Company, will become Deputy Chairman and Chief Operating Officer of the new firm. Charles Edgar Sams Jr., chairman of Dixon Hughes, will continue to serve as chairman of the new company, and Kenneth M. Hughes, CEO of Dixon Hughes, will also remain in that position.
“This is a tailor-made fit that will benefit the firm, our staff and most importantly, our clients,” says Wilson. “Both organizations will gain increased industry expertise and depth and see new geographic opportunities for growth. Clients will have broadened access to capital networks and industry best practices, while our employees will see more robust training options, increased opportunities for industry specialization and greater mobility between offices.”
“Both firms have a strong affinity for providing exceptional service and in-depth industry knowledge on behalf of our clients,” said Sams. “This combination will create a larger platform in which we can expand our geographical reach throughout the mid-Atlantic, share core technical resources and anticipate the needs of our clients. We are enthusiastic as we move forward over the coming months.”
The merger will create a dramatically larger geographic footprint with offices located in Alabama, Florida, Georgia, Maryland, North Carolina, Ohio, South Carolina, Tennessee, Texas, Virginia, D.C. and West Virginia. The firm will conduct business in all 50 states.