Firm Management
Marcum Merges in New Hampshire Firm Melanson
Melanson’s 13 partners, 100 associates, and four offices have now become part of Marcum’s New England region.
Jan. 03, 2023
Marcum LLP announced on Tuesday that Merrimack, NH-based accounting firm Melanson P.C. merged into Marcum as of Jan. 1. Terms of the deal were not disclosed.
Melanson’s 13 partners, 100 associates, and four offices in Maine, Massachusetts, and New Hampshire become part of Marcum’s New England region. They join Marcum’s eight established New England offices.
Founded in 1976, Melanson was a regional public accounting firm serving both individuals and businesses, with specializations in the government and nonprofit sectors, as well as managed accounting services. The firm routinely earned the highest rating in peer reviews and was ranked a Regional Leader by Accounting Today and a top 300 firm by INSIDE Public Accounting.
“The Melanson team is highly regarded for their leadership, commitment to superior client service, and dedication to the highest industry standards. They ran a highly respected and accomplished firm, and we warmly welcome them to Marcum,” said Marcum Chairman and CEO Jeffrey Weiner.
“Melanson grew over more than 40 years by providing clients with exceptional financial advice and services while fostering a challenging and rewarding environment for our employees. We’ve always believed that you can’t have one without the other, and this is what makes our future with Marcum so bright. We share an absolute commitment to individual and collective success that will benefit our clients and our people right out of the starting gate,” said Scott Toothaker, Melanson’s managing principal and now Marcum’s office managing partner in New Hampshire.
“The entire Melanson team strongly complements Marcum’s industry strengths in the government and nonprofit sectors, while expanding our New England presence. They will be a key asset to our clients and our team as we continue to grow in this region,” said Anthony Scillia, Marcum’s New England regional managing partner.
Allan D. Koltin, CEO of Koltin Consulting Group, who advised both firms on the combination, commented, “Marcum continues to have success with their geographic strategy of finding best-in-class regional leaders to join their firm. Melanson was one of the preeminent firms in New England, and their combination with Marcum should produce great growth and long-term value for both.”