Dean Dorton Allen Ford, PLLC (Dean Dorton) is expanding its presence in Raleigh by merging with Penny Longobardo & Company, P.A. (Penny Longobardo) a long-standing CPA and Advisory firm also located in Raleigh, NC. The merger is effective today, October 1 and the combined firm will operate as Dean Dorton. Dean Dorton is the 111th largest accounting firm in the United States according to Inside Public Accounting’s latest survey and has 281 employees across three offices – Raleigh, NC, Lexington, KY, and Louisville, KY.
“The addition of Penny Longobardo and their team helps us to better serve our growing practice in Raleigh. We are enthusiastic about continuing the high level of service and expertise Penny Longobardo has provided its notable client base while bringing additional services to the market such as data analytics, cybersecurity, healthcare consulting services, and much more”, said David Bundy, President and CEO of Dean Dorton.
“Penny Longobardo has had tremendous growth throughout the past 31 years,” noted Michael Longobardo, President of Penny Longobardo. “Our clients’ needs always come first. With the combination of developing client needs and continuous growth, we needed to find a way to continue providing high-quality service efficiently and effectively while providing clients with additional value through a broader range of specialty capabilities, advice, and solutions. In addition, we want to offer more opportunities for our employees and referral partners who are the backbone of our business.”
“The values of Penny Longobardo, their founders, shareholders, and team, combined with our culture of being true business advisors to clients, make this a great endeavor. We are excited to expand our team and services in this dynamic market, to continue supporting the Raleigh and greater Triangle communities, and eager to hit the ground running assisting clients in new meaningful ways. We look forward to helping businesses reach their greatest potential.”