Combined firms will be headquartered in Cincinnati’s Hyde Park neighborhood
Louisville, Ky. – Mountjoy Chilton Medley, the largest accounting firm in Kentucky, is merging with one of Cincinnati’s largest accounting firms.
Cooney Faulkner & Stevens will join Mountjoy Chilton Medley (MCM) on Jan. 1, 2016. Louisville-based MCM has nearly 300 employees across five offices in Kentucky, Indiana and Ohio.
The move will allow both organizations to provide a wider array of services and greater depth of expertise to clients, particularly in the in-demand and growing niches of exit planning and transaction advisory services, according to a release from MCM.
MCM’s current Cincinnati employees will move into the Cooney Faulkner & Stevens (CFS) Hyde Park office in January, when the office will begin to operate as MCM. All traditional CFS services will continue to be offered.
“MCM has been searching for a great Cincinnati partner to expand our presence and impact in this critical market,” said MCM Managing Partner Diane Medley. “The entrepreneurial attitude of the CFS co-founders and partners, combined with their value-added mindset, culture, community involvement and name recognition, was exactly what we needed.”
CFS, like MCM, offers a full suite of traditional tax and accounting services, as well as consulting offerings in exit and transition planning, financial forensics services, outsourced CFO services, business valuation and transaction services, among many other areas of expertise.
“CFS has enjoyed remarkable growth in the Cincinnati market since our founding more than 16 years ago”, said Thomas M. Cooney, who founded the firm in 1999 in partnership with Crystal L. Faulkner and Charles R. Stevens II. “With the combination of our ongoing growth and our clients’ ever-changing needs, we knew it was time to reassess how to continue providing top-notch customer service that was truly advantageous and supportive of our entire client base.”
In February 2014, The Lane Report profiled Mountjoy Chilton Medley. Click here to read the feature.