The move marks the third merger and the sixth office for Abacus CPAs
Abacus CPAs, LLC is proud to announce the acquisition of Porterfield & Company CPA, PLLC, which become the fifth and sixth office locations of the firm, expanding service locations to Fayetteville and Harrison, Arkansas. Abacus has continued to expand the firm’s client base, service lines, in addition to the expanded locations. The acquisition became final on October 1, 2022.
“Abacus CPAs was founded on the concept that People Deserve Better,” said William A. “Bill” Dunton, Managing Partner of Abacus CPAs, “We’re trusted in the community and our clients to provide distinctive client service and it’s propelled and sustained our company growth through the years. With this addition, Abacus will elevate existing service lines, and expand our reach to clients who value the personalized attention and innovative solutions we provide.”
Abacus and Porterfield were in discussions of the merger for nearly a year. The new locations will help Abacus CPAs expand the distinctive services that clients have grown to trust and will also include better guidance for the business community in Fayetteville and Harrison. Ark. It is the first out-of-state merger for Abacus CPAs. The firm merged Rotramel and Associates in Lee’s Summit in 2013 and Perryman and Associates in Springfield in 2008.
“Joining Abacus is a good move for us,” says Tom Porterfield, lead Partner at Porterfield CPAs. “I’ve always been impressed with the quality of work Abacus professionals provide and I know we will be able to broaden our scope of service with the power of Abacus backing us. I’m looking forward to the career growth for our team, the elevated services for our clients, and continuing our long-lasting relationships with the community.”
Abacus CPAs has seen continued, purposeful growth since its founding in 1998. Specializing in tax, accounting, audit and consulting services, Abacus has also garnered success in niches related to over-the-road transportation drivers, McDonald’s Owner/Operators and State Farm agents. The move into Arkansas will enable the firm to build relationships with local businesses and professionals, including the restaurant franchise community.
“This acquisition was a purposeful move for our firm.” says Dunton, “Tom and his team have been close connections for years. Bringing their firm into the Abacus family will allow us to deepen community connections, support this incredible team, and serve even more clients.”
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