We are thrilled to announce that Brown Edwards has acquired Shelton & Company, CPAs, P.C., a highly respected accounting practice that has served the construction industry for over 30 years.
This strategic partnership brings a team of experienced professionals into our firm, led by Chad Maddox, CPA, CVA, CCIFP, CCA; Mark Carlson, CPA, MBA; Chad Gunter, CPA, CCIFP; and Mason S. Brugh, CPA, CCIFP, CCA, CCP, who have continued Fred Shelton's legacy of excellence since his retirement. With the expansion of our Lynchburg office, we're better positioned than ever to serve construction clients throughout Central Virginia and beyond with the same personalized attention they've come to expect, backed by the resources of a larger firm.
Brown Edwards is consistently ranked as a Top 50 Construction Accounting Firm by Construction Executive Magazine, and we're among the top ten firms in the country for credentialed construction specialists. The addition of Shelton & Company's decades of specialized expertise—including three more CCIFP-certified leaders—further deepens our bench strength in this complex specialty area.
Construction accounting requires mastery of intricate revenue recognition rules and job cost accounting methods. While many firms serve construction clients, few have dedicated the resources necessary to make it a major practice area. Both Brown Edwards and Shelton & Company share that commitment, and together we'll deliver even more comprehensive solutions to contractors across our expanded footprint.
Shelton & Company's 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—complement our team's extensive involvement in industry associations, including Construction Financial Management Association (CFMA), Virginia Transportation Construction Alliance (VTCA), Associated Builders and Contractors (ABC), Associated General Contractors of Tennessee, Virginia, and North Carolina, and many others.
In addition, Brown Edwards brings additional services to Shelton & Company clients to support growth:
We're excited about the opportunities this acquisition creates for our clients, our team members, and the communities we serve. Fred Shelton built his firm on the belief that exceptional client service and specialized expertise go hand in hand—values that align perfectly with our own commitment to integrity, excellence, and unwavering dedication to client success.
Welcome to the BE family!