Doeren Mayhew, a Top 60 Firm based in Troy, Michigan, is adding Kaplan Merzlak PC, a firm in West Bloomfield, Michigan.
Kaplan Merzlak PC has been providing accounting, tax and consulting services to privately held companies and high-net-worth individuals for over 35 years. Shareholders Jeffrey Kaplan and Eric Merzlak will join the Doeren Mayhew leadership team and continue to service their clients. They and their staff will relocate to Doeren Mayhew's headquarters in Troy.
"We are very proud of the firm we have built over the years, but our growth now demands additional resources to provide the next level of service to our clients," Kaplan said in a statement Tuesday. "We feel confident Doeren Mayhew is the right firm to partner with to help accelerate our clients' growth and opportunities, today and into the future."
"The depth of local and national resources, talent and broad range of expertise will only enhance the services we provide," Merzlak stated. "We look forward to growing our capabilities with them by our side."
Financial terms of the deal were not disclosed, but Kaplan Merzlak has roughly a $3 million practice. Doeren Mayhew earned $117 million in annual revenue and ranked No. 51 on Accounting Today's 2022 list of the Top 100 Firms.
"Continuing to grow in the Michigan market will always be a priority for Doeren Mayhew," said Doeren Mayhew managing shareholder and chairman Chad Anschuetz in a statement. "Kaplan Merzlak is an outstanding firm, with great people and an impressive roster of successful clients. This partnership allows us to scale up in our local region, while still remaining focused on serving privately held entities."
This move is the latest addition to Doeren Mayhew's recent merger and acquisition activity in 2022. In January, the firm expanded its footprint to West Michigan through its merger with
