Mauldin & Jenkins merges in CFO Navigator

Mauldin & Jenkins, a Top 100 Firm based in Atlanta, has added CFO Navigator, a firm that offers financial guidance to businesses and nonprofit organizations in the Atlanta area, expanding M&J’s client accounting and advisory services practice.

As part of the deal, CFO Navigator founder Robert Stephens will join M&J to lead the service in the firm’s CAAS practice, along with one additional staff member. M&J currently has 77 partners and 463 additional staff, including its central office, IT, administrative HR, and marketing professionals. 

Financial terms of the deal were not disclosed. M&J’s annual revenue is $110 million. M&J ranked No. 73 on Accounting Today‘s 2023 list of the Top 100 Firms and No. 7 on the Regional Leaders list for the Top Firms in the Southeast.

“CFO Navigator’s expertise in providing financial guidance complements our mission to deliver comprehensive solutions to our clients,” said M&J managing partner Hanson Borders in a statement Monday. “We look forward to integrating CFO Navigator into our CAAS service offerings to equip clients with a better understanding of their financial data. Robert brings a wealth of experience in providing financial guidance for growing businesses and nonprofit organizations. His leadership will be instrumental in driving the growth of our CAAS practice and strengthening our position as a trusted advisor to growing organizations. With Robert’s expertise, we are confident in our ability to elevate our client services to new heights and drive continued success in our advisory service offerings.”

“I am beyond excited to have the fractional CFO services developed over the past 15 years be integrated into Mauldin & Jenkins,” Stephens said in a statement. “I think combining our two firms makes for a perfect match, both in service offering and culture, and I couldn’t be happier. I’m looking forward to creating even greater value for the companies and nonprofits seeking to navigate the numbers that drive their business.”

In 2021, M&J expanded in Alabama by adding CDPA PC, a firm with offices in Athens, Florence and Huntsville, effective July 1. In 2020, M&J expanded to Sarasota, Florida, by acquiring Plush Smith. It acquired another firm in Florida, Jon Campbell & Associates, in 2019.