FOR IMMEDIATE RELEASE
Mountjoy Chilton Medley LLP (MCM), a large regional accounting firm, has increased its market presence with the addition of the Cincinnati practice of CPA firm Elliott Davis Decosimo, effective July 1, 2016. MCM has nearly 300 employees across five offices, including locations in Cincinnati, Louisville and Lexington, Kentucky and Jeffersonville, Indiana. The move, mutually agreed upon by both firms as a part of Elliott Davis Decosimo’s geographic realignment strategy, will allow MCM’s Cincinnati focus to increase significantly. MCM entered the Cincinnati market in 2012 and merged with the former Cooney Faulkner & Stephens LLC (CFS) in 2015, moving into their Hyde Park offices. The partners joining MCM were formerly with Joseph Decosimo & Co which has been a part of the Cincinnati business community since 1985.
This latest expansion will likely put MCM in the Top 10 CPA firms in Cincinnati with a team of over sixty professionals and other employees. “MCM has been in Cincinnati for several years, but we are looking to grow the business commensurate with the opportunities we see in this critical market,” said MCM Managing Partner Diane Medley. “Our industry and consulting expertise are great fits for the Cincinnati economy, and by adding new members to our existing team, we’ll be able to provide our clients with more expertise, more capabilities and more resources.”
“We’re thrilled to be joining MCM,” said Mike Gentry, a long-time Cincinnati partner with Elliott Davis Decosimo and formerly with its predecessor Joseph Decosimo & Co. “MCM has a reputation for being a great steward of both its clients AND its team, providing a broad-base of high level expertise and service to those it serves, and a Best Places to Work-winning culture to those providing that service. We’re very much looking forward to being a part of that.”
“MCM is making increasing strides in the Cincinnati market,” said Crystal Faulkner, an MCM partner and Cincinnati market leader who recently joined the firm as a part of CFS. “From client service to team culture, we’re raising the bar, and we will continue to do so with new team members.”
The CPAs in Cincinnati offer a full suite of traditional tax, assurance and accounting services, along with in-depth knowledge in key areas for MCM, including investment companies and funds, mergers and acquisitions, international tax, hospitality and not-for-profits. In joining MCM, new team members will not only expand MCM’s offerings, but greatly expand the company’s footprint in Cincinnati.
MCM’s market growth goals include adding more than 60 jobs and greatly expanding its office space in Cincinnati over the next three years.
About Mountjoy Chilton Medley LLP
Mountjoy Chilton Medley LLP offers expertise in audit and assurance services, tax planning, business valuation, litigation support, fraud examination, business start‐up and consulting for non‐profit, public and privately held organizations, and individuals. The company has offices in Louisville and Lexington, Kentucky; Jeffersonville, Indiana; and Cincinnati, Ohio, and was recently ranked by Accounting Today’s Top 100 list as the 87th largest accounting firm in the United States (based on net revenue). MCM is an independent member of PrimeGlobal, one of the world’s top five associations of independent accounting firms. The firm has been awarded Best Places to Work distinctions in multiple states and cities.