Michigan CPA firm finds small acquisitions plus strategic merger equals a solid growth strategy
Rochester/Lapeer Mich. – Nov. 7, 2014 - November marks the one year anniversary since the former Gofrank & Mattina, P.C. public accounting and tax firm in Rochester, Mich. formally changed its name to Mattina, Kent & Gibbons, P.C. (MKG). The name change was prompted by a May 2013 merger with Lapeer, Mich.-based Brown & Kent, P.C., one of several strategic moves that have allowed MKG to continue its positive growth trend in the northern Oakland County region and spanning into and beyond the more rural Lapeer County, approximately 60 miles north of Detroit.
“The greater Detroit market has a large public accounting presence,” Vincent Mattina, Jr., CPA and MKG shareholder said. “The Big Four are here along with several impressive national and regional firms. Still, we have found a wonderful niche serving clients with revenue of $3 million or more and we continue to gain a larger share of this market through internal growth, small, targeted acquisitions and more recently, the Brown & Kent merger.”
Since its founding in 1988, which was actually the result of a merger gone awry, Gofrank & Mattina, now MKG, has added several solo or two person practices.
“We look for the right mix of tax, accounting and audit clients, but also a shared philosophy of integrity and client service,” Mattina said. “The 2013 merger with Brown & Kent was actually our only merger, but it was significant, bringing two new partners and ten staff into the fold for a total of six partners and 27 non-partner staff.”
The addition of the Brown & Kent team also brought new industry areas and expertise to the former Gofrank & Mattina.
“Brown & Kent brought us a busy agribusiness practice including large commercial farms, wholesale landscaping suppliers and farm implement dealers,” said Mattina. “Agribusiness is a multi-billion industry in Michigan and it is thriving. We are pleased to be a part of that sector now.”
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