Dixon Hughes and Goodman & Co. announced that they will merge their firms and affiliated entities effective March 1. The combined firm will be known as Dixon Hughes Goodman and will be headquartered in Charlotte, N.C., with more than 1,700 people in 30 offices in 11 states and Washington, D.C.
“Our Dealer Services Group is especially excited to combine two significant practices with extensive dealership experience,” says Butch Williams, industry leader for the Dixon Hughes Dealer Services Group. “While advising dealerships and dealer groups in all 50 states, our ability to serve Virginia, Maryland and Washington, D.C. clients just took a quantum leap with this merger. We could not be more elated.”
Charles Edgar Sams Jr., chairman of Dixon Hughes, will continue to serve as chairman of the new company, and Kenneth M. Hughes, chief executive officer of Dixon Hughes, also will remain in that position. Thomas H. Wilson, managing partner of Goodman & Co., will become deputy chairman and chief operating officer of the new firm.
“Both firms have a strong affinity for providing exceptional service and in-depth industry knowledge on behalf of our clients,” says Sams. “This combination will create a larger platform in which we can expand our geographical reach throughout the mid-Atlantic, share core technical resources and anticipate the needs of our clients. We are enthusiastic as we move forward over the coming months.”
The merger will create a larger geographic footprint with offices located in Alabama, Florida, Georgia, Maryland, North Carolina, Ohio, South Carolina, Tennessee, Texas, Virginia, Washington, D.C. and West Virginia. The firm will conduct business in all 50 states.
“This combination is reflective of our desire to continue to work with high-caliber professionals and a highly respected firm,” says Hughes. “We strongly believe in the power of combining these resources and the value it will bring to our clients in terms of providing extensive industry experience and integrity with each interaction.”
“This is a tailor-made fit that will benefit the firm, our staff and most importantly, our clients,” says Wilson. “Both organizations will gain increased industry expertise and depth and see new geographic opportunities for growth. Clients will have broadened access to capital networks and industry best practices, while our employees will see more robust training options, increased opportunities for industry specialization, greater mobility between offices and more challenging client work.”