CliftonLarsonAllen Acquires Charlotte-Based Monaghan Group
CliftonLarsonAllen (CLA), a national certified public accounting and consulting firm, today announced it has acquired the accounting firm Monaghan Group, headquartered in Charlotte, North Carolina. Monaghan Group provides experienced resources for interim accounting roles and financial projects in the Charlotte, Triad, and Triangle areas of North Carolina. The acquisition was effective July 1, 2013.
“Monaghan Group has garnered a strong reputation in the Southeast business community for many years as a result of providing exceptional service to its clients,” said John Berens, partner-in-charge of CLA’s Charlotte office. “We are very pleased about this opportunity to continue our growth of the outsourcing practice and expand CLA’s services in Charlotte and the surrounding areas.”
More than fifty Monaghan Group professionals, including partners Beth Monaghan, CPA and Nancy Brown, CPA have joined CLA. Monaghan founded the firm in 1996 and has served both public and private companies, including 85 percent of the area’s Fortune 500 companies. Brown has worked closely with Monaghan for more than 10 years and specializes in financial analysis of products and business lines, month-end closing, financial reporting, corporate budgeting, and management reporting.
Plans are in place for Monaghan Group to move into the CLA Charlotte office at 101 North Tryon Street in Independence Center.
“I built Monaghan Group on the principles of professionalism, responsiveness, and quality,” said Monaghan. “CliftonLarsonAllen practices the same values and dedication in supporting its clients and employees. We’re very enthusiastic about joining an organization that so closely aligns with our own.”
“The combination in North Carolina represents a perfect fit for CLA,” Berens said. “Monaghan Group’s entrepreneurial approach and commitment to business solutions for its clients match CLA’s culture and mission perfectly. The blend of skills across both firms allows us to continue to expand our capabilities and deliver maximum impact in helping our clients.”
CLA exists to create opportunities for our clients, our people, and our communities through industry-focused wealth advisory, outsourcing, audit, tax, and consulting services. With more than 6,200 people, 120 U.S. locations and a global affiliation, we promise to know you and help you. Investment advisory services are offered through CliftonLarsonAllen Wealth Advisors, LLC, an SEC-registered investment advisor.