Firm Management
Canadian Firm Melo Enters U.S. Market By Acquiring Michigan CPA Practice
Ontario-based Melo has made its first foray into the U.S. by adding Edward, Ellis & Associates, a CPA firm with two offices in Michigan.
May. 28, 2024
Ontario-based accounting firm Melo has made its first foray into the U.S. with the acquisition of Edwards, Ellis & Associates, a CPA firm with offices in both Troy and Ann Arbor, MI.
Financial terms of the deal weren’t disclosed.
This acquisition in the U.S. comes on the heels of Melo recently adding Sone Rovet Chasson, a Toronto‑based audit, accounting, and tax advisory firm.
“This latest acquisition further broadens our reach and capability,” Jason Melo, founding partner and chairman of the Melo Group, said in a statement. “Today, corporations and entrepreneurs are competing in a global marketplace, and as part of our transformative growth plan, it was imperative for us to partner with a progressive U.S. firm that shares our vision to offer more value and a comprehensive service offering to our clients. We have found all of this and more with Edwards, Ellis & Associates.”
Founded in 1972, Edwards, Ellis & Associates provides accounting, tax, and consulting services to clients.
“We are truly delighted to now be a part of the Melo Group, as our service and industry practice areas are complementary,” said Jeffrey Ellis, managing partner of Edwards, Ellis & Associates. “But what really made this a perfect fit is how well our firms’ cultures and values aligned. We fully embrace Melo’s relentless entrepreneurial drive, dedicated client‑centered approach, and desire to continually evolve.”
Jason Melo said he anticipates further growth opportunities, both within Canada and the U.S., for his firm.
“We are by no means limited or restricted by physical location or borders on a map,” he said. “We believe in exploring and venturing into areas that represent the greatest potential and prospects for growth —both for our firm and for the clients we serve. The way we see it, opportunity can arise anywhere, and when it does, we’ll be ready to take full advantage of it.”
The firm now has seven offices in Ontario, along with its two new locations in Michigan.