National CPA firm announces expansion
Rothstein Kass has announced that it has launched operations in Orange County, CA with the opening of a new office location at 2050 Main St., Suite 200, Irvine, CA. Luis M. Puncel, a 30-year industry veteran with extensive experience in SEC and regulatory matters, has been appointed Principal-in-Charge of the new office and will oversee ongoing market expansion, with a specific concentration on Rothstein Kass's Commercial Services practices, that provide audit, tax, and advisory services for publicly and privately held clients. The Orange County office is the fourth California office location for Rothstein Kass, joining thriving practices in Beverly Hills, San Francisco, and Walnut Creek. The firm also has offices in Roseland, NJ; New York, NY; Dallas, TX; Denver, CO; and the Cayman Islands.
"Rothstein Kass is frequently recognized as one of the fastest growing professional firms in the nation and is widely identified as a top service provider to the alternative investment community. However, the strength of our firm lies in the diversity of its businesses," said Steven A. Kass, co-managing principal of Rothstein Kass. "As trusted advisors to the hedge fund community, we grew in tandem with the industry. At the same time, these associations afforded us access to adjacent areas where our skills provide a competitive advantage. In addition to our extensive Financial and Commercial Services Groups, Rothstein Kass is now also well-known for its Family Office Group, Litigation & Forensic Accounting, Corporate Advisory Services, and Insurance Risk Management practices. Our new Orange County location provides local businesses with direct access to our full range of capabilities."
"When we opened our first West Coast office in Beverly Hills in 2000, we were drawn to a community with a diverse economy supported by a wide range of industry sectors including healthcare, financial services, entertainment, and technology. However, it was also apparent that the middle market companies operating in this environment were confronted with a surprising lack of options when it came to selecting qualified service providers. Because of our extensive work with the financial services community, Rothstein Kass was able to introduce a level of sophistication and professionalism that immediately resonated with area business leaders," said Marc Wolf, Principal-in-Charge of the Beverly Hills Office. "As our reputation grew, so did our organization. In only a few short years, we have added substantially to our professional staff, growing from three Principals to 13 across our San Francisco, Walnut Creek, and Beverly Hills offices. Today, Rothstein Kass rates among the top-10 largest firms in California as ranked by the California CPA Society, and is one of the 20 largest accounting firms in the nation according to Accounting Today. Our firm now stands poised to bring our proven approach to still another burgeoning business community. In light of his professionalism, experience and insight, Luis is the ideal candidate to lead the charge in Orange County."
Puncel, previously a principal in the firm's Beverly Hills office, joined Rothstein Kass's Commercial Services Division earlier this year. In addition to his duties as principal-in-charge of the Irvine location, Puncel will continue to specialize in audits of public and privately held companies in various industries, including technology (software, hardware, biotech, and medical devices), manufacturing, and services. Puncel was with PricewaterhouseCoopers for 21 years in the Los Angeles, Orange County, and Anchorage, Alaska practices, was a business assurance partner in the technology industry group, and was the managing partner of the Anchorage office of that firm. He joined Rothstein Kass after serving as the director of assurance services at regional CPA firm, where his responsibilities included managing the audit practice, setting auditing and other attestation policies, and providing technical expertise on various accounting and auditing issues. Puncel earned a Bachelor of Science in Business Administration with an emphasis in accounting at the Marshall School of Business at the University of Southern California. He is a CPA in California and New York, a member of the American Institute of Certified Public Accountants and the California Society of Certified Public Accountants, and a nationally recognized author in the area of auditing. He has previously served as a board member of the Software Council of Southern California and Habitat for Humanity of Anchorage, Alaska.
"My decision to join Rothstein Kass in essence stems from my conviction that Rothstein Kass is the right firm, in the right market, at the right time. Like so many others, I have been consistently impressed with the talent and dedication of Rothstein Kass professionals. These attributes have allowed the firm to leverage its unmatched standing as a trusted advisor to the alternative investment space to expand aggressively into interrelated practice areas including technology and clean technology, healthcare, entertainment, real estate, and manufacturing. Over the years, Rothstein Kass has dramatically expanded its footprint in these areas through a blossoming Commercial Services Group," said Puncel. "At the same time, the Orange County economy remains active, with early-stage and middle market businesses dominating the landscape and creating an environment ripe for private equity and venture capital investment. As we grow our local presence to capitalize on regional opportunities, we remain committed to building on our culture of success to offer a full spectrum of services supporting the business objectives of our clients."
About Rothstein Kass
Rothstein Kass advises organizations, including private equity funds, broker-dealers, investment advisors, private companies considering a public or private stock offering or alternative public offering, and entities looking for investment opportunities, on private equity transactions, from deal origination through structuring and execution. Rothstein Kass provides audit, accounting, tax, and regulatory compliance services through its Commercial Services Group. The Firm also provides audit, tax, accounting and consulting services to hedge funds, fund of funds, and registered investment advisors through its Financial Services Group. The Financial Services Group consults on a wide range of organizational, operational and regulatory issues, and advises on fund structure, both inside and outside the U.S., compliance, and financial reporting, as well as on tax issues from a federal, state, local and international compliance perspective. Rothstein Kass has offices in New York, New Jersey, California, Colorado, Texas and the Cayman Islands.
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