Media Contact:Kelly O’Connor, Marketing Associate
(301) 902-8560
Kelly.OConnor@cliftoncpa.comCombination Increases Firm Footprint and Secures Presence in New Markets
BALTIMORE, Md. (June 1, 2010) – Clifton Gunderson, ranked as one of the nation’s largest certified public accounting and consulting firms, today announced it has combined resources and expertise with Stockton Bates – a firm of certified public accountants in the Delaware Valley with offices in Philadelphia and Lancaster, Pennsylvania and Haddonfield, New Jersey. The Stockton Bates locations will join Clifton Gunderson’s Mid-Atlantic practice – with current offices in Arlington, Baltimore, Raleigh, Richmond and Washington D. C. – under the leadership of Managing Partner Terry Hancock. The combination of Clifton Gunderson and Stockton Bates is effective June 1, 2010.
“This is an important strategic investment for Clifton Gunderson and we are excited about the many growth opportunities the joining of our two firms means to our clients and our future clients,” said Hancock. “Securing a presence within the Pennsylvania and New Jersey markets has been a key initiative for our firm’s growth. These locations are attractive to Clifton Gunderson because of the synergies that exist between our Mid-Atlantic office locations and our current client base.”
For more than 100 years, Stockton Bates has earned a solid reputation with its clients in the Delaware Valley for quality service and expertise. As a full-service firm with a strong tax and assurance practice, its experts serve clients in a number of industries including construction, manufacturing and wholesale distribution, insurance and not-for-profit.
Through this combination, three Stockton Bates partners including John Gallagher, Bruce Lynch and James Smith will join Clifton Gunderson as partners. In addition to these partners, 29 Stockton Bates professionals will join the firm as members of the Mid-Atlantic practice. Stockton Bates will continue to provide the high quality of service its clients in the Delaware Valley and Central Pennsylvania regions have come to expect over the years.
“With Clifton Gunderson’s strong presence across the country, joining our firm with Clifton Gunderson will allow us to expand our tax and accounting services and supports our desire to grow in additional strategic services,” said Gallagher. “We are excited about the tremendous network of resources offered by Clifton Gunderson, which will enhance the opportunities to serve our clients’ needs of tomorrow.”
Clifton Gunderson has been serving the Mid-Atlantic region since 1980. During its 30 year history, the Mid-Atlantic practice has grown to nearly 300 partners and professionals providing a wide range of assurance, accounting, tax, entrepreneurial business, wealth management, and valuation and forensics services to its clients.
About Clifton GundersonClifton Gunderson, ranked as one of the nation’s largest certified public accounting and consulting firms and the largest U.S. member firm of HLB International, provides a wide range of assurance, tax and consulting services to clients in a variety of industries. Founded in 1960, Clifton Gunderson has a staff of more than 1,900 professionals serving clients from 46 offices across the country. Clifton Gunderson, and the separate and independent member firms of HLB International, provides personal and high quality service to clients in over 100 countries through the HLB International “Global Care” approach. For more information about Clifton Gunderson, visit www.cliftoncpa.com.
