Abacus CPAs merges with Lee's Summit firm

Springfield-based Abacus CPAs LLC has added a fifth location through a merger with a Lee's Summit firm.

The merger with Rotramel, Sharp & Co. PC is effective today. With the move, Julian Rotramel becomes a roughly 20 percent owner of the firm, said Abacus Managing Partner Bill Dunton, who maintains majority ownership.

"We felt that the firms were very similar in culture, and the merged firm will be stronger and will be able to provide each of our specialties to multiple client bases," Dunton said.

Abacus provides business valuations, as well as services including nonprofit and transportation work, payroll, audits, individual accounting and corporate tax planning. Rotramel, Sharp & Co. adds restaurant-industry clients, including McDonald's owner/operators, as well as business financing, restaurant valuation, tax compliance and sales and use tax filing services, according to a news release.

Dunton said the merged Abacus' revenue is expected to jump by 40 percent this year. The merger includes eight employees from Lee's Summit, bringing total head count to 64, he said.