Top 50 accounting firm Doeren Mayhew has made its second M&A deal in the metro-Nashville area in as many months, this time acquiring CPA firm McMurray, Fox & Associates, effective Nov. 10.
Financial terms of the deal weren’t disclosed. This transaction adds offices in Hendersonville and Gallatin, TN, as well as three principals and other professionals to Doeren Mayhew’s team, while broadening the Troy, MI-based firm’s local Nashville practice with audit capabilities.
Doeren Mayhew announced last month that it had added Nashville-based Carson & McKinney CPA, effective Sept. 22. The firm first entered the Nashville market in March 2025 with the acquisition of Thurman Campbell Group PLC.
Recommended Articles
“Our commitment to strategic growth is guided by the evolving needs of our clients and the opportunities in front of us,” Chad Anschuetz, CEO of Doeren Mayhew Advisors, said in a statement on Nov. 17. “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.”
“It’s an exciting time for us here at Doeren Mayhew,” added Bob Yates, the greater Nashville managing principal at Doeren Mayhew Advisors. “The addition of the McMurray Fox team is a real turning point for us. We’re laying a strong foundation for sustainable growth in the area. Combining our technical skills, specifically in the real estate and construction sectors, will give us a competitive advantage.”
For more than 50 years, McMurray Fox has provided bookkeeping, tax, audit, and business advisory solutions to the businesses and individuals in and around Middle Tennessee with a focus 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 Jamie McMurray, managing partner at McMurray Fox who is now a principal with Doeren Mayhew Advisors. “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.”
This is Doeren Mayhew’s ninth acquisition in 2025. The 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.
Recommended Articles
Doeren Mayhew now operate under an alternative practice structure: Doeren Mayhew Assurance provides attest services as a licensed CPA firm, while Doeren Mayhew Advisors LLC provides business advisory, tax, and non-attest services. Collectively, these entities and the subsidiaries will continue under the brand name Doeren Mayhew.
Thanks for reading CPA Practice Advisor!
Subscribe Already registered? Log In
Need more information? Read the FAQs
