Citrin Cooperman, a leading professional services firm headquartered in New York City with offices across the United States, has announced the successful acquisition of Keefe McCullough & Company LP (KMC), a full-service tax, attest and business advisory firm based in Fort Lauderdale, Florida, effective Feb. 1. KMC will join Citrin Cooperman with 11 partners, more than 75 total employees, and over $15 million in revenue. KMC’s Fort Lauderdale location will join Citrin Cooperman’s established offices in the Miami Metro area.
“We are thrilled to welcome the KMC partners and staff to Citrin Cooperman. In concert with our Miami office, we look forward to continuing to build our Florida operations where we now have more than 150 dedicated professionals serving a wide diversity of corporate and individual clients. What attracted us to KMC was their commitment to their staff, clients and to each other, all qualities that we at Citrin Cooperman hold dear,” said Citrin Cooperman Executive Chairman Joel Cooperman and CEO Alan Badey in a joint statement.
Similar sentiments were shared by KMC Managing Partner Louis Proietto. “We joined Citrin Cooperman exactly 53 years to the day KMC was formed on Feb. 1, 1971. It feels like a momentous step in expanding the resources and solutions we can offer to our clients and an incredibly exciting opportunity for our leadership and employees. The synergies between our industry expertise and our shared client-centered approach make this an exciting next chapter for our team.”
Allan D. Koltin, CEO of Koltin Consulting Group, who advised both firms on the acquisition, commented that, “Citrin Cooperman continues their rapid expansion throughout South Florida with another best-in-class firm. KMC was sought after by numerous companies and chose Citrin Cooperman primarily for the great growth opportunities the firm will provide for their people and the additional resources and depth of knowledge and experience that they can now offer to their clients. Now that Citrin Cooperman has firmly established itself in South Florida, I wouldn’t be surprised to see them expand into some of the northern Florida markets like Orlando and Tampa next.”
As one of the nation’s largest professional services firms, 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 nonattest 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.
