The Pennsylvania accounting firm McCarthy & Company, PC has acquired NJ-based accounting firm, Frank Leonard & Associates, LLC, as well as hired partner John Blake, formerly of Klatzkin. In addition, McCarthy will be moving into a 6,600 square foot office space in One Hovchild Plaza in Tinton Falls, N.J., to accommodate the growing team.
“We’re thrilled to welcome Frank Leonard, his team, and John Blake to McCarthy. Their combined expertise will allow us to continue to provide superior accounting services to the sectors we currently serve and expand further into the transportation industry,” said Managing Partner Marty McCarthy. “These investments in our firm now are the foundation for continued expansion and growth in the future, both in personnel and industries.”
Acquisition of Frank Leonard & Associates, LLC
On November 1, 2022, McCarthy merged in Frank Leonard & Associates, LLC, an accounting and consulting services firm. Based in Forked River, N.J., Frank Leonard & Associates has provided accounting and advisory services to transportation industry clients, with an emphasis on trucking and bus companies, for more than 40 years.
Joining the McCarthy team as a partner, Frank Leonard is a CPA veteran of more than 40 years with experience in tax, financial reporting, valuation and litigation services, and business consultation matters. A Stockton University alum, Leonard is well known within the industry, attending and speaking at seminars and conferences.
“I’ve worked with clients in the trucking and transportation segment for my entire career and understand the financial, risk, operational, capital and tax issues unique to transportation,” said Frank Leonard, CPA. “I’m excited to be joining the McCarthy team, where I know my clients will receive exceptional client services and where I can continue to grow my book of business.”
Also joining McCarthy from Frank Leonard and Associates is Ken Kang, CPA, serving as a Client Accounting Services Associate, an arm of the practice focused on providing businesses with a comprehensive suite of outsourced accounting solutions, and Jennifer Leonard, an Administrative Assistant.