Company Research Report: Citrin Cooperman

Company Overview

• Name: Citrin Cooperman

• Mission of the Company: Citrin Cooperman's mission is to enhance the businesses and personal lives of its clients through services, guidance, and enthusiasm for building long-standing relationships. The firm is dedicated to providing clients with an objective viewpoint and insightful advice on whatever challenges they bring. The mission focuses on finding innovative solutions that drive client success.

• Founded: 1979

• Founders: Niles Citrin and Joel Cooperman

• Key People:

• Alan Badey, CEO of Citrin Cooperman Advisors LLC

• Joel Cooperman, Executive Chairman of Citrin Cooperman Advisors LLC

• Headquarters: New York City, NY

• Number of Employees: More than 2,800 professionals

• Revenue: Not specified

• What the Company is Known For: Citrin Cooperman is one of the nation's largest professional services firms, known for its extensive industry specialization and integrated approaches that serve middle market businesses and high net-worth individuals. The firm operates with a focus on relationships, integrity, and a genuine passion for client service.

Products and Services

Products/Services Offered:

• Accounting Advisory Services

• Audit & Attest

• Business Consulting

• Business Process Outsourcing (BPO)

• Commercial Tax Services

• Digital Services

• Forensic and Litigation Advisory Services

• International Tax Services

• Private Client Services

• State and Local Tax (SALT)

• Transaction Advisory Services

• Valuation Advisory Services

High-level Description & Key Features:

• Integrated Approach: Citrin Cooperman provides a comprehensive suite of business and personal service offerings, tailored to meet the specific needs of various industry sectors.

• Industry Specialization: The firm's practices consist of teams of professionals dedicated to maintaining expertise within their clients' unique industries to ensure informed decision-making and planning.

• National Reach: Positioned as a national leader, Citrin Cooperman offers a people-first approach in servicing clients with diverse needs across various sectors and regions.

Recent Developments

Acquisitions and Expansions:

• Acquisition of Teplitzky & Company P.C.: Citrin Cooperman has agreed to acquire substantially all the assets of Teplitzky & Company, a firm specializing in the Healthcare industry, to expand its presence in Connecticut and New England. The acquisition is expected to close in November 2024.

• Acquisition of S&G LLP: The firm has acquired the assets of S&G LLP, a Worcester, MA-based assurance, tax, and advisory firm. This acquisition enhances Citrin Cooperman's footprint in the New England region with additional professionals joining the team.

Partner Announcements:

• 2024 Partner Class: Citrin Cooperman announced a new partner class as of October 1, 2024, reinforcing its commitment to maintaining a strong culture, client service excellence, and innovation. Notable promotions include Shekhar Basnet, Jennifer Cohen, Melissa Davis, Christopher DeFilippis, Paige Jacobsen, Ajay Mishra, Deepak Nair, Jason Park, and Joseph Talluto.

Awards and Recognitions:

• Franchising Industry Practice Recognition: The practice was ranked 2nd in the accounting section on the "2024 Top Franchise Suppliers" list by Entrepreneur.

• Various Industry Awards: Citrin Cooperman earned accolades for being a top provider in construction accounting, ranking 18th in the "Top 100 Firms" list by Accounting Today, and received numerous other recognitions.

New Features or Services:

• Strategic Growth Initiatives: Introduced new advisory service offerings including Corporate Performance Management Services, Government Contracting Specialty Advisory, and Music Economics and Valuation Services.

• Private Equity Investment: A strategic investment by New Mountain Capital aims to bolster Citrin Cooperman's offerings to middle-market clients.

Partnerships:

• Affiliations: Citrin Cooperman is an independent member of Moore North America and Moore Global Network Limited, enhancing its international reach and service capabilities.

Additional Information

• Website: [www.citrincooperman.com](http://www.citrincooperman.com)

No further information is available for certain sections such as specific revenue figures or exhaustive personnel lists.