Top 50 accounting firm Doeren Mayhew announced Wednesday that it added Florida-based CPA firm Lancaster & Reed as of Dec. 17, 2025.
Financial terms of the deal weren’t disclosed. The acquired firm and its employees continue to operate out of their Key Biscayne office under the Doeren Mayhew brand name.
This was Doeren Mayhew’s 10th acquisition in 2025. The Troy, MI-based accounting firm received an infusion of outside capital in August 2024 by selling a stake to Audax Private Equity. Doeren Mayhew said at the time that the investment will allow it to broaden its geographic footprint via continued acquisitions, as well as to enhance its service offerings, technology infrastructure, and overall employee and client experience.
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Doeren Mayhew said the acquisition of Lancaster & Reed marks its entry into the Miami international private client and high-net-worth market and adds depth to the firm’s international capabilities.
“Florida, and the broader Southeast, aren’t just part of our expansion plans, they are a top priority,” Chad Anschuetz, CEO of Doeren Mayhew Advisors, said in a statement. “The region’s strong economic momentum and similar mix to our existing client base make it a compelling growth opportunity for our firm. We’re committed to deepening our presence and leadership in Florida, and the surrounding states, as we continue to invest and scale for the future.”
“By strategically broadening our domestic footprint while simultaneously strengthening our global expertise, Doeren Mayhew is uniquely positioned to address the complex and evolving needs of clients whose wealth, business interests and influence transcend national boundaries,” added Jeffrey McCann, principal at Doeren Mayhew Advisors and practice leader of the firm’s International Services Group. “This dual focus enables us to continue delivering superior solutions that integrate local knowledge with a deeper international perspective.”
For more than 30 years, Lancaster & Reed has delivered tax, accounting, and consulting services to a globally connected group of high-net-worth individuals and entrepreneurs. Co-founders Sherry Reed and Richard Reed will remain on board and join the leadership team as principals within Doeren Mayhew’s International Services Group.
“Our high-net-worth clients increasingly operate in complex financial landscapes, requiring resources and expertise that deliver true value,” Richard Reed said. “With a commitment and reputation in the global and high-wealth advisory spaces that mirrors our own, Doeren Mayhew was a natural fit. Together, we can provide a level of sophistication, strategic insight, and personalized attention our clients could not find anywhere else.”
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