ONE OF NATION’S LARGEST PROFESSIONAL SERVICES FIRMS ENTERS INTO AGREEMENT

Citrin Cooperman, recently named No. 18 on the “Top 100 Firms” list by “Accounting Today,” and one of the nation’s largest professional services firms has entered into an agreement to acquire substantially all the assets of Clearview Group, a Baltimore metro-based management consulting and CPA firm. This transformative acquisition strengthens Citrin Cooperman’s presence in the Mid-Atlantic region and greatly enhances its capabilities in risk advisory, state and local tax and purpose-built technology solutions and implementation, services that address the needs of its clients. Clearview Group joins Citrin Cooperman with 10 partners and over 150 professionals.

“We could not be happier to add a firm like Clearview Group to the Citrin Cooperman family. Clearview Group’s ability to expand our service offering and offer up-market solutions to our client base will allow us to continue to help our clients “Focus on What Counts,” said Citrin Cooperman Advisors CEO Alan Badey. “Clearview Group’s focus on a strong culture and technical excellence will fit perfectly with Citrin Cooperman.”

“We are thrilled to be joining Citrin Cooperman,” said Brian Davis, CEO of Clearview Group. “With Citrin Cooperman’s expansive geographical presence and impressive suite of world-class professional services and industry insights, this transaction enables us to expand the reach of our industry-leading risk and enterprise solutions to continue to provide clear solutions to the complex problems large corporations are facing in today’s ever-evolving market conditions.”

As is typical for firms that operate in alternative practice structures, the transaction will consist of two acquisitions: Citrin Cooperman Advisors LLC will acquire the nonattest assets of Clearview Group Inc. while Citrin Cooperman & Company, LLP will acquire the attest assets of BD & Co. Inc., Clearview’s licensed CPA firm. The transaction is expected to close this month.