Accountants + Business Advisors

Apple Growth Partners and KPFF Announce Merger


Apple Growth Partners and KPFF Announce Merger

The two firms combine over a century of experience helping businesses and individuals attain healthy growth.

CLEVELAND & AKRON, OHIO– (Dec. 19, 2016) – Apple Growth Partners (AGP) and KPFF are pleased to announce their merger effective Jan. 1, 2017. Founded by entrepreneurs, both Apple Growth Partners and KPFF place a high value on helping businesses and their owners achieve healthy growth.

Apple Growth chairman Charles Mullen

Apple Growth chairman Charles Mullen

AGP was founded in 1943 and continues to uphold its mission to provide services and creative solutions that deliver healthy, sustainable growth for its clients and the firm. KPFF, established in 1961, has thrived as an accounting and business consulting firm that serves real estate construction and development and high net worth individuals.

Together, and operating under Apple Growth Partners’ name, the firm will boast 14 million in revenue, 90 staff and offices in Akron, Cleveland and Beachwood. The professional service firm will primarily serve privately-held businesses in the manufacturing and real estate and construction industries, as well as high net wealth individuals.

Merging with KPFF will expand our already growing Cleveland presence at a time when Cleveland is shining on all sides, and aligns with our vision to double our size in Northeast Ohio by 2020”, said Chuck Mullen, Apple Growth Partners chairman. “Les Fishman, Bob Neides and Karen Vaughn, KPFF’s partner group, have led the firm with values that align with AGP’s, which is critical to the success of a merger. It will also add critical depth and bench strength to our ever expanding real estate niche.”

AGP and KPFF have made significant investments in staff to support growth of this nature. AGP’s Growth Acceleration Program (GAP) will contribute to a successful combination of firms. As a nine-time Northcoast 99 “great workplace for top talent in Northeast Ohio” winner, AGP will benefit from adding KPFF’s high-performing staff to its team.

“KPFF staff will be able to utilize our training programs while merging cultures to create a stronger combined staff,” Mullen remarked. “The merger will present an opportunity for all staff to grow in their careers with an even larger firm and position the firm to keep up with the growth of our clients!”

Both firms take pride in their history as “Big-Small” firms and note it remains a key component of their strategy.

“Merging with Apple Growth Partners will allow us to leverage the resources of a larger firm and access additional technical expertise,” said Bob Neides, KPFF senior partner. “It also provides long term sustainability to continue the legacy that Les Fishman and the KPFF founding partners have built.”

Both Mullen and Neides describe their firms as low profile and client focused. This common culture enabled the firms to come together, and is a key value they can build on and continue into the future.