Columbia CPAs acquire another firm

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A pair of Columbia accounting firms have merged. Scott and Co. LLC has acquired J.W. Hunt and Co. in a deal that closed Oct. 1, according to an announcement.

The combined firm will use the Scott and Co. name and the J.W. Hunt office personnel will be moved into the Scott and Co. offices at 1441 Main St., according to a spokesperson for the company.

The firm will continue to specialize in tax minimization, compliance, assurance and advisory services for business owners, executives and independent professionals, according to a news release. 

“J.W. Hunt and Co. has a stellar reputation for providing tax, audit and accounting services with responsiveness, professionalism and quality,” John Price Jr., CPA and managing member of Scott and Co., said in the release. “The J.W. Hunt team will bring additional depth to our firm —especially for our accounting and advisory services tailored to banks. Both firms have a long history in the community and together we are committed to helping our clients achieve their goals by being a trusted advisor and partner.” 

“We are thrilled to join Scott and Co. — an extraordinary accounting firm with similar core values, wonderful people and an excellent reputation,” Bill Pouncey, CPA and partner, J.W. Hunt and Co. LLP, said in the release. “The additional resources and expertise will be a great value for our team members and clients. Scott & Co. also has been an independent member of the BDO Alliance USA for many years (one of the industry’s largest associations of accounting and professional service firms). This will enable us to have the personalized touch of a local firm with national firm resources.” 

J.W. Hunt and Co. has been operating out of 1607 Julian Place in Columbia.