M&A Roundup: Dean Dorton and Tronconi Segarra Expand

Courtesy of Dean Dorton Allen Ford

Details: Dean Dorton Allen Ford PLLC is expanding its presence in Raleigh, North Carolina, by merging with Penny Longobardo & Company, PA, effective October 1.

Financial terms were not disclosed. Dean Dorton, based in Lexington, Kentucky, was ranked No. 11 on Accounting Today’s Regional Leaders list for the Best Companies in the Southeast. The company earned $ 38.92 million in annual revenue.

Dean Dorton has 281 employees in three offices in Raleigh, Lexington, and Louisville, Kentucky. PLC has two partners, three employees, and two members of the management team who join the firm.

“The addition of Penny Longobardo and her team helps us better serve our growing practice in Raleigh,” Dean Dorton President and CEO David Bundy said in a statement Friday. “We are excited to continue the high level of service and expertise that Penny Longobardo has provided to her remarkable customer base, while also bringing additional services to the market, such as data analytics, cybersecurity, healthcare consulting services, and much more. “.

In July, Dean Dorton acquired Breakpoint Technology, a data analytics and technology collaboration practice based in Louisville, Kentucky.

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