Skoda Minotti's History
Skoda Minotti’s origins date back to 1980, when our founding members recognized there was a niche market to be served for small to mid-sized companies. The Firm was developed with the vision to provide more than just accounting services to clients; the goal was to help these businesses grow and achieve greater success.
As our Firm grew rapidly throughout the 80s, it was named to the Inc. 500 list of fastest growing private companies from 1987-89, making it the fastest growing firm of its kind in the country.
In 1995-96, we had an idea that would revolutionize the accounting industry. The Firm developed a new business model that permitted non-CPA ownership of CPA firms and separated service lines of business in a way that permitted unlimited capital investment in the business from non-CPA owners. We worked with the American Institute of Certified Public Accountants, The Attorney General’s Office, and dozens of State Accountancy Boards to receive approval of our new model. We co-founded a public company that would bring together essential business services for small to medium-sized businesses, such as accounting, information technology, litigation advisory services, insurance and investments and add value for our clients by offering these services all through one organization.
From October 1996 through 1998, we led the new public company through an era of unparalleled expansion. Our teams visited, researched, interviewed and performed due diligence on 2,000 companies and eventually purchased 130 of these businesses at a cost of over $650 million over this two year span. During this time period, the company would grow to 5,500 employees, over 240 offices in 40 states and would annually generate $550 million in revenues. Based on 1998 results, Fortune Magazine listed the Firm as one of the 100 fastest growing public companies in America.
In February 2001, we reinvented ourselves by re-entering the private sector with a core of talented professionals dedicated to delivering on the promise to our clients, employees, business contacts and community. Since the inception of Skoda Minotti, our Firm has received numerous awards for its rapid growth and was named to the Inc. 500 list for a fifth time, joining only 81 other companies named to the Inc. 500 Hall of Fame dating back to when the list was first released 24 years earlier.
In 2006, the Firm became an independent member of the BDO Seidman Alliance, a nationwide association of independently owned local and regional accounting, consulting, business and technology firms. Alliance firms partner with the fifth largest accounting firm in the world, BDO Seidman, and share a dedication to exemplary client service. The Alliance allows us to supplement our existing services and to better serve our clients on a national and international basis.
Later that year, we registered with the Public Company Accounting Oversight Board which authorized Skoda Minotti to prepare and issue audit reports on U.S. public companies.
To better serve our growing client and employee base, Skoda Minotti opened offices in Fairlawn, Ohio (Akron area) in 2008 and Tampa, Florida in 2012.
Our current service offerings include accounting and auditing, business advisory services, business valuations, financial services, professional staffing, healthcare consulting, information technology, litigation advisory services, marketing services, small business services, tax planning and preparation, telecom and private wealth management.