Citrin Cooperman, a nationally recognized professional services firm, recently announced the acquisition of Coleman Huntoon & Brown PLLC (CH&B), a North Carolina-based tax, accounting and business consulting firm. CH&B joins Citrin Cooperman with more than 20 employees and over $7 million in revenue. Its Chapel Hill office establishes Citrin Cooperman’s first location in the Carolinas.
“From our very first meeting, we found the CHB partners to be perfectly aligned with us. We share the same values, and the same dedication to high quality, timely client service. Combining with CHB will provide us with the opportunity to work together to grow our firm and our service offerings in North Carolina and beyond,” said Citrin Cooperman Executive Chairman Joel Cooperman and CEO Alan Badey in a joint statement.
“Joining Citrin Cooperman has been a wonderful opportunity for our team,” said CH&B Managing Partner Mark Brown. “With the resources of a national firm, we look forward to being able to expand the solutions we bring to our clients and continuing to grow our talented group of professionals while maintaining the personal relationships so fundamental to our success.”
Allan Koltin, CEO of Koltin Consulting Group, who advised both firms on the transaction, commented that “This strategic expansion is an important step for Citrin Cooperman and fortifies their already impressive presence on the Eastern Seaboard, in addition to their many additional offices across the country. Their growth over the past few years has been remarkable, and their focus on adding firms that share their core values is evident in the joining of CH&B.”
Citrin Cooperman is one of the nation’s largest professional services firms. With offices across the country, its 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 over 2,800 total professionals.