Mauldin & Jenkins, an Atlanta-headquartered accounting and consulting firm, has acquired Plush Smith P.A., a boutique accountancy based in Sarasota, Florida.
Founded in 2011, Plush Smith P.A. offers tax, financial reporting, and consulting services to individuals, fiduciaries, commercial businesses and other organizations. The firm’s consulting offerings include strategic business planning, succession planning, temporary management and part-time CFO services, and business valuation.
The firm is led by founders Carla Plush Smith and Peter Smith, who have a combined 70 years of experience working as CPAs at large firms such as Deloitte and Arthur Andersen. The team at Plush Smith is rounded out by four other professionals.
The acquisition increases Mauldin & Jenkins’ office count to nine – with locations across Georgia, Alabama, Florida, Tennessee, and South Carolina. The Sarasota office will complement the firm’s nearby office in Bradenton, Florida.
“In seeking a succession partner, we looked for a firm which would continue the level of client service Plush Smith became known for,” Carla Plush Smith said. “Competency, empathy, and accessibility are among the qualities the Sarasota based Mauldin & Jenkins team will bring to our wonderful market.”
Mauldin & Jenkins was founded in 1918 and has more than 330 employees across the US Southeast. The firm offers tax, assurance, and consulting offerings to a wide range of industries. Its consulting offerings include strategy planning, M&A, risk and compliance, fraud and forensics, litigation support, and IT advisory.
“We are very excited about this acquisition and increasing our firm’s presence in the growing Sarasota market. Plush Smith’s reputation for excellent client service aligns well with our firm’s core values and mission. We believe this transaction is a natural fit for both firms and beneficial for all clients involved,” said Wade Sansbury, partner and Florida practice leader at Mauldin & Jenkins.
The accounting and consulting firm earlier this year added Advisory Information Technology LLC as a subsidiary, boosting its technology consulting capabilities.