Newly merged EisnerAmper becomes 14th largest accounting firm in nation
Eisner LLP and Amper, Politziner & Mattia, LLP have announced that they have combined their practices to form EisnerAmper LLP. The newly formed entity will be the 14th largest accounting firm in the United States and the leading regional firm in the Northeast, with more than $250 million in annual revenue.
A regional firm based in the New York/New Jersey/Philadelphia corridor, combined, EisnerAmper has more than 1,200 staff, including 170 partners. Its principal practice groups provide a variety of accounting, tax and other professional services to closely-held and publicly traded companies, financial institutions, and high net worth individuals and families. EisnerAmper's core expertise extends to the financial services industry, technology, life and health sciences, software, clean tech, real estate, healthcare, manufacturing and distribution, as well as sports, media, entertainment and others. The firm is also the nation's 10th largest auditor of SEC registrants.
"This combination is the most important and exciting development since the founding of our respective firms and it is hard to imagine two firms that represent a better strategic and cultural fit," said EisnerAmper's Charly Weinstein. "Given our complementary strengths in practice areas and regional reach, together with the combined knowledge of our talented professionals, EisnerAmper is exceptionally well positioned to continue to provide our clients with the highest level of expertise and service." EisnerAmper's Howard Cohen added, "Our firms share this common vision and strategy, and we look forward to deploying our combined resources and expertise to meet the increasingly complex accounting and business advisory needs of our clients throughout the Northeast and beyond."
Expanded Services for an Evolving Business Environment
The firm expects that its expanded resources and expertise will benefit clients that face the challenges of a rapidly changing regulatory landscape, new taxation initiatives, and a volatile and competitive global business environment. EisnerAmper provides a broad array of professional services that address this changing competitive environment.
EisnerAmper claimes to present a unique combination of financial expertise in one organization. The firm offers comprehensive audit, tax and business advisory services for the insurance, banking and alternative finance markets (including hedge funds, private equity, venture capital funds and broker-dealers).
Beyond accounting, audit and tax, EisnerAmper's advisory services include enterprise risk management, mergers and acquisitions, business and asset valuation, debt financing, internal audit, forensic accounting and litigation consulting, reorganization and insolvency and international expansion. Clients of the firm have access to professionals with expertise in many industries and practice areas who strive to help clients address complex accounting, tax and compliance issues.
EisnerAmper will serve clients from its 11 offices which are located in New York City and its suburbs, across New Jersey, in Philadelphia, and in the Cayman Islands. EisnerAmper is an independent member of PKF International, the 11th largest global accountancy network of over 240 legally independent member and correspondent firms located in 125 countries. EisnerAmper's affiliation with PKF International enables the firm to provide technical and advisory services across North America and around the world to clients with international requirements.
A Magnet for Talented Professionals
EisnerAmper expects that the expanded career opportunities resulting from the combination will make this a firm of choice, enabling it to attract and retain outstanding professionals in a wide spectrum of practice areas. Both firms are dedicated to providing fulfilling careers for their staff and have a long history of making the working environment and culture a priority as illustrated by each firm placing high in several Best Places to Work rankings.
"The relationship between Eisner and Amper extends back many years and has always been one of mutual respect and admiration," said Howard Cohen, who becomes the firm's chairman. "We have undertaken this combination with full confidence in our new partners and colleagues. Together, we are infinitely stronger in terms of regional reach, professional expertise and client service. We are well positioned for both immediate and long-term growth."
"This combination is based on a strong foundation of trust that extends to the partners at both firms," said Charly Weinstein, the firm's new Chief Executive Officer. "Our teams have already begun working in concert to ensure not only a seamless transition for clients, but also to deliver to them the maximum benefits of our greater combined resources. This is truly a situation where the whole is greater than the sum of its parts."