Regional tax, accounting and advisory firm Citrin Cooperman said recently the partners and staff of New York City-based Joel Popkin & Co., a more than 45-year-old boutique accounting, tax and consulting firm, joined the firm effective Nov. 1.
Popkin arrives with what Citrin Cooperman termed “a significant specialty in restaurants, nightclubs and event venues.”
The addition will bring approximately 25 new employees to Citrin Cooperman and, coupled with Citrin Cooperman”™s existing restaurant industry clients, will make the firm one of the largest accounting practices in restaurant and hospitality services in the U.S., the firm reported.
As part of the transaction, Roy Tumpowsky, managing partner of Joel Popkin & Co., will join Citrin Cooperman’s Nick Florio and Stacy Gilbert as co-chairperson of the expanded firm’s restaurant and hospitality practice.
“We continually strive to bring in great people with great clients and we feel the partners and staff of Joel Popkin are a perfect fit,” Joel Cooperman, Citrin Cooperman”™s CEO, said. “The strong synergies between us and the partners and staff of Joel Popkin & Co. will allow us to significantly enhance the full range of services for our clients. We are very proud to have people with such like-minded values and culture join us.”
Joel Popkin & Co., since its inception, “has been providing a full complement of accounting, tax and consulting services to its clients,” Citrin Cooperman reported.
Apart from food and hospitality, Popkin’s clients include entrepreneurial startups and large multinationals spanning the likes of construction, real estate, trusts and nonprofits and high-net-worth individuals.
“We are very excited to be joining Citrin Cooperman,” Tumpowsky said, “Together, we can leverage the strength of our teams and provide our clients with more in-house comprehensive accounting, tax and consulting services that they can utilize to help their businesses grow. It is a great pleasure for us to be joining such a prestigious firm.”
With the addition of Joel Popkin & Co., Citrin Cooperman’s annual revenues are now expected to exceed $190 million, the company reported.
Citrin Cooperman dates to 1979 and now has offices in Norwalk, White Plains, New York City; Livingston, New Jersey; Philadelphia; Plainview, New York and Bethesda, Maryland.
