Pugh & Company Announces Acquisition

12/30/2010

 Pugh & Company, P.C. , one of the Knoxville region’s largest certified public accounting firms, has purchased the Knoxville and Oak Ridge practices of Bacon Howard & Company, CPA’s, another local area accounting firm. The acquisition is effective on January 1, 2011.

Bacon Howard partners John Bacon and Calvin Howard and their firm’s professional staff in Knoxville and Oak Ridge, have been hired by Pugh & Company. The Knoxville Bacon Howard office located on South Peters Road  will be moved to Pugh’s office in the Home Federal Plaza on Cedar Bluff Road and the Oak Ridge office will remain at its present location at 100 East Tennessee Avenue. 

With this acquisition, Pugh will now have approximately 48 CPA’s and 64 total professionals. In addition to accounting, audit, and tax services, Pugh provides estate and retirement planning, business succession, financial forecasting, fraud, litigation and information technology consulting and other related services.

 This is the second such acquisition by Pugh, which was founded in 1969. In 2006, the firm purchased the Knoxville office of Cherry , Bekaert & Holland LLP.