Doeren Mayhew Expands with Carson & McKinney Acquisition

In a strategic move to strengthen its regional footprint, Doeren Mayhew announced the acquisition of Nashville-based CPA firm Carson & McKinney CPAs. Effective September 22, this transaction marks the eighth deal for Doeren Mayhew in 2025 alone and highlights the dynamic nature of the accounting industry as it navigates evolving tax regulations and business demands.

Founded in 1932, Carson & McKinney has established itself as a reputable provider of comprehensive services including tax preparation, assurance, consulting, and outsourced accounting. With over 800 employees across 19 offices worldwide, the firm serves a diverse clientele ranging from individuals to large enterprises throughout Middle Tennessee.

The acquisition is set to enhance Doeren Mayhew’s capacity for delivering holistic client service by integrating Carson & McKinney’s extensive resources and expertise. Chad McKinney, Managing Principal of Carson & McKinney, will join Doeren Mayhew as a principal in the regional leadership team. He expressed enthusiasm about the partnership, emphasizing its potential to offer clients advanced services tailored to their evolving needs.

The acquisition aligns with Doeren Mayhew’s ongoing expansion strategy into key markets, notably Nashville, where they initially established presence earlier this year through the purchase of Thurman Campbell Group. This latest deal continues that momentum, following a recent addition of AGL CPA Group in Georgia, which extended their reach to the Atlanta area.

Based in Troy, Michigan, Doeren Mayhew has been strategically positioning itself for growth and innovation within the accounting sector. The firm welcomed a private equity investment from Audax Private Equity in August 2024, reinforcing its financial stability and growth prospects. Ranked No. 47 on Accounting Today’s Top 100 Firms list, Doeren Mayhew reported $170 million in revenue with nine offices, 108 partners, and 720 employees.

Chad Anschuetz, CEO of Doeren Mayhew, expressed excitement about the firm’s continued growth efforts in Nashville. “We’re committed to strategically positioning ourselves in this fast-growing market with additional resources and offerings,” he stated. Bob Yates, Doeren Mayhew’s managing principal for the greater Nashville area, added that welcoming Carson & McKinney reinforces their shared commitment to client service excellence.

This acquisition not only amplifies Doeren Mayhew’s operational capabilities but also underscores a broader industry trend toward consolidation as firms seek to leverage combined strengths in an increasingly competitive and regulated landscape. As Doeren Mayhew continues its trajectory of strategic growth, it remains dedicated to enhancing the value it delivers to clients across the United States.

The partnership between Doeren Mayhew and Carson & McKinney serves as a testament to their shared dedication to high-quality client service and innovation in accounting practices.

For more information on this acquisition and other developments in the accounting industry, follow the latest updates from Accounting Today.

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