Continues strategic growth with addition of top
Massachusetts-based firm
NEW
YORK, July 9, 2024 /PRNewswire/ -- Citrin
Cooperman Advisors, LLC ("Citrin Cooperman"), the premier
professional services provider for private, middle market
businesses and high net-worth individuals, announced today that it
has acquired substantially all the assets of S&G LLP
("S&G"), a Worcester, MA-based
assurance, tax and advisory firm. Concurrently, Citrin Cooperman
& Company LLP, a national independent CPA firm that works
closely with Citrin Cooperman Advisors LLC, announced the
acquisition of the attest assets of S&G LLP. S&G joins
Citrin Cooperman with five partners and over 30 professionals,
expanding the firm's established presence in the New England
region.
Citrin Cooperman Acquires S&G LLP
"S&G's strong middle market presence, client-centric focus,
industry depth and deep commitment to culture and its people are
highly aligned with Citrin Cooperman's core principles and
strategic approach," said Citrin Cooperman Advisors LLC CEO
Alan Badey and Citrin Cooperman
Advisors LLC Executive Chairman Joel
Cooperman. "We are excited to expand our footprint in New
England and are delighted to welcome this amazing group of partners
and professionals to our firm."
"S&G's culture of team, personal service focus, and
inspiring a positive difference in our client's lives is totally in
sync with Citrin Cooperman's culture, making the decision to join
forces an easy one," said S&G Founding Partners Terry Shepherd
and Carl Goldstein. "We are very
excited by the compelling impact this shared commitment will have
for our clients, partners and team members."
Strategic Growth in the Evolving Accounting and Professional
Services Profession
Citrin Cooperman has established a strategic growth plan focused
on a distinct vision of the accounting and professional services
profession's evolution. The plan recognizes the rapid,
revolutionary advances in technology and significant shifts in the
needs of middle market and high-net worth clients. This has
resulted in over 20 highly strategic transactions in recent years,
including targeted regional and service line expansions.
"Citrin Cooperman's ongoing execution of its growth strategy,
including integration of well-respected firms like S&G,
continues to position the firm at the forefront of the profession,"
added Allan D. Koltin, CEO of Koltin
Consulting Group, Inc., who advised both firms on the transaction.
"With its transactions with S&G, Citrin Cooperman has brought
on another best-in-class firm with highly sought after people and
clients, providing great value and opportunities for all
involved."
About S&G
S&G provides a host of consulting
and accounting services for middle market and family-owned
enterprises including business advisory, assurance and tax. S&G
guides clients through complex issues, advises on ways to maximize
financial performance to meet specific objectives and goals, and
helps clients get where they want to be—personally as well as
professionally.
About Citrin Cooperman
Citrin Cooperman, recently
named #18 on the "Top 100 Firms" list by Accounting Today, is one
of the nation's largest professional services firms. With offices
across the country, Citrin Cooperman clients span an array of
industry and business sectors and leverage a comprehensive menu of
business and personal service offerings. Citrin Cooperman &
Company LLP, a licensed independent CPA firm that provides attest
services and Citrin Cooperman Advisors LLC, which provides business
advisory and non-attest services, operate as an alternative
practice structure in accordance with the AICPA's Code of
Professional Conduct and applicable law, regulations, and
professional standards. The entities include more than 450 partners
and 2,800 total professionals. Learn more about Citrin Cooperman at
www.citrincooperman.com.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/citrin-cooperman-acquires-sg-llp-302191435.html
SOURCE Citrin Cooperman