Blue Bell-based McCarthy & Co., a full-service tax and accounting firm, recently combined with New York City-based Marcum LLP., national accounting and advisory firm.
The merger was effective June 1 and terms of the deal were not disclosed. The move increases Marcum’s presence in the Mid-Atlantic region.
McCarthy’s offices in Blue Bell and Tinton Falls, N.J., will operate as Marcum regional locations. Approximately McCarthy 70 employees move to Marcum.
McCarthy’s clients will have access to expanded assurance, tax, and advisory services as well as comprehensive business and financial solutions including cyber and information security services international tax, R&D tax credits, and transaction advisory.
“Not only do our businesses align in terms of services and industry focus, but perhaps more importantly, there’s a deep-seated alignment in our firm cultures,” Marty McCarthy, former McCarthy & Co. managing partner, said. “Marcum and McCarthy are committed to fostering a work environment that emphasizes collaboration, innovation, and professional growth. Joining Marcum allows our team more opportunities to develop within a larger organization.”
McCarthy becomes Mid-Atlantic construction practice leader and office managing partner of the Blue Bell and Tinton Falls offices.
Founded in 1967, McCarthy & Co. served the construction, real estate, healthcare, transportation and logistics sectors.