Toledo, Ohio (September 13, 2018) – Two local accounting firms are coming together to establish a unified firm that adds strength and depth to its existing specialized skills and focus on client service.
William Vaughan Company (WVC) and Davenport, Hanf & Company (DHC) will join forces effective November 1, 2018, under the name William Vaughan Company. The new firm will provide clients access to increased levels of service and expertise. In addition, the evolution of internal systems and processes will produce faster, better and more efficient collaboration among the combined staff.
“We are entering this merger as two strong firms,” said Mark Karchner, managing partner at DHC. “As we come together, we will have additional resources allowing us to deliver the highest level of value and service in the region.”
WVC plans to expand their investment in new technologies and assets to provide a heightened level of sophistication and efficiency to its services. The united firm will also leverage resources available through the BDO Alliance USA to supplement the expertise already on the ground in Northwest Ohio.
“WVC and DHC have similar values and priorities, so this merger is a natural fit. It lends to us doing more of what we already do,” said Aaron Swiggum, managing partner of WVC. “Our focus is always on service excellence, innovation and culture.”
The merger reinforces efforts to attract and retain the best people in the industry. As separate firms, both DHC and WVC invested significantly in a positive work environment and strong culture to retain top talent. That will remain a priority, with opportunities for mentorship, advancement and focused work in areas of specialized expertise.
As part of the merger, DHC’s Perrysburg-based staff will move to WVC’s existing Maumee office. That office will be expanded and renovated to accommodate the growth. The expansion includes the addition of 30,000 square feet of office space, with a $2 million investment. The office expansion is expected to be complete sometime in early 2019.
About William Vaughan Company
William Vaughan Company is an Ohio-based public accounting firm providing a vast array of assurance, tax and advisory services to clients locally, nationally and internationally. Its commitment to excellence has resulted in sustained growth since the company’s inception in 1959. For the past five years, the firm has been awarded one of the 60 Best Accounting Firms to Work for in the nation by Accounting Today, and have been designated as one of the top workplaces by Toledo’s daily newspaper, The Blade, for the fourth year in a row. With this merger, William Vaughan Company employs more than 100 professionals serving primarily businesses and individuals. www.wvco.com