Doeren Mayhew acquires McMurray Fox & Associates and Novotny CPA Group

Doeren Mayhew, a Top 50 Firm based in Troy, Michigan, acquired two more firms: McMurray, Fox & Associates, which has offices in Hendersonville and Gallatin, Tennessee, and Novotny CPA Group in Norton Shores, Michigan.

The deal with McMurray Fox will add two new offices to Doeren Mayhew’s footprint in Tennessee, while the employees from Novotny will relocate to Doeren Mayhew’s existing offices in Grand Rapids and Grand Haven, Michigan. Financial terms of the deals were not disclosed. Doeren Mayhew ranked No. 47 on Accounting Today‘s 2025 list of the Top 100 Firms, with $235 million in revenue, over 100 partners and more than 700 employees.

The McMurray Fox deal took effect Nov. 10, 2025, adds three principals and other professionals to Doeren Mayhew’s team, while adding more audit expertise to its local Nashville practice.

“Our commitment to strategic growth is guided by the evolving needs of our clients and the opportunities in front of us,” said Doeren Mayhew Advisors LLC CEO Chad Anschuetz in a statement Monday. “The integration of McMurray Fox expands our tax expertise and establishes a local audit presence. This move strengthens our capabilities and reinforces our promise to deliver measurable value to our clients throughout the region.”

McMurray Fox has been providing bookkeeping, tax, audit and business advisory solutions for over 50 years to businesses and individuals in Middle Tennessee, focusing on the construction, professional services, real estate, nonprofit and manufacturing industries.

“As a firm, we feel like our values and vision closely align with what Doeren Mayhew represents,” said McMurray Fox managing partner Jamie McMurry in a statement. “We are excited to be able to offer our clients, and our Sumner County community, a more robust suite of services that comes with a top 50 accounting firm. This combination also opens up new career opportunities for our employees, providing an environment committed to career progression and mentorship to allow them to thrive for years to come.”

Doeren Mayhew received a private equity investment last August from Audax Private Equity in Boston. 

The McMurray Fox deal follows on the heels of recent acquisitions in Tennessee of Carson & McKinney CPAs and Thurman Campbell Group earlier this year. Other recent deals include the acquisition of AGL CPA Group in Duluth, Georgia; Reimer McGuinness Hess CPAs and Advisors in Houston; Vanessa Solá’s practice of Frierson, Solá, Simonton & Kutac in Houston; Benoit & Associates CPAs in Grand Rapids, Michigan; and Draper Bialik & Co. CPAs in Grand Haven, Michigan.

The acquisition of Novotny CPA Group took effect on Nov. 6. Novotny has been operating on West Michigan’s coast for over 40 years providing accounting, tax and auditing services. All the team members have relocated to Doeren Mayhew’s Grand Haven and Grand Rapids offices, continuing in their current roles. The firm’s partners, Randy Novotny and Tom Winkelman, are joining Doeren Mayhew as principals. Doeren Mayhew has become the eighth largest CPA firm in Michigan with nearly 450 team members in the state. 

“We have always strived to be responsive to our clients’ needs in a timely manner,” Novotny said in a statement. “Doeren Mayhew brings a wealth of knowledge and resources to help address all of our clients’ evolving needs in an effective manner. They have built a reputation as a leading firm in the area. We’re excited to share in this journey with them for our employees and valued clients.”