ROANOKE, VA — Brown Edwards, a Top 100 accounting and advisory firm, is pleased to announce the acquisition of Shelton & Company, CPAs, P.C., a highly respected accounting practice in Lynchburg, VA, known for its construction industry expertise for over 30 years.
"We are thrilled to welcome the Shelton & Company, CPAs, P.C. team to Brown Edwards. Their deep expertise in construction accounting and strong client relationships align perfectly with our mission to provide exceptional service and innovative solutions. Together we will deliver even greater value to all our clients through expanded services and deeper resources," states Laura Sprouse, CEO.
Shelton & Company, CPAs, P.C. was founded in 1991 by Fred C. Shelton, Jr., CPA, MBA, CVA, with the goal of providing excellent public accounting services to the construction industry, and that goal was achieved. During Fred's tenure and subsequent partnership with Mason Brugh and Chad Maddox, the firm built a strong reputation as a trusted partner to contractors across Virginia and the Mid-Atlantic, offering deep expertise, personalized service, and unwavering commitment to client success. They have established relationships with key professionals in the bonding and banking industries—and their deep understanding of how to bridge the gap between construction companies and the financial sector complements Brown Edwards' extensive construction accounting expertise. Both organizations actively participate in industry associations, including VTCA, Associated Builders and Contractors, Associated General Contractors of Tennessee, Virginia, and North Carolina, and the Construction Financial Management Association (CFMA), among others.
Its current leadership team—Chad Maddox, CPA, CVA, CCIFP, CCA; Mark Carlson, CPA, MBA; and Chad Gunter, CPA, CCIFP—will join Brown Edwards as partners, bringing decades of experience and specialized knowledge in construction and business advisory services.
"Joining forces with Brown Edwards marks an exciting new chapter for us. Their resources and expertise will allow us to continue delivering the personalized service our clients value and what they have come to expect, while expanding the opportunities and expertise we can offer," states Chad Maddox, Managing Director.
Clients of Shelton & Company, CPAs, P.C., will continue to work with their existing teams while gaining access to Brown Edwards' broader resources and specialized expertise.
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About Brown Edwards
Brown Edwards is a full-service regional accounting firm serving clients across the Mid-Atlantic region. As the largest independent CPA firm headquartered in Virginia, we deliver assurance, tax, and business advisory services to a diverse range of industries. Our continued growth strengthens our ability to remain independent—allowing us to stay agile, client-focused, and committed to providing tailored solutions that meet the unique needs of our target markets. www.becpas.com.
