Citrin Cooperman & Company Continues Expansion In Connecticut Market

Top Quote Accounting and business consulting firm Citrin Cooperman expanded its Connecticut presence through a business combination with Norwalk-based Schwartz & Hofflich. End Quote
  • New York, NY (1888PressRelease) November 02, 2010 - Citrin Cooperman, a leading regional accounting and business consulting firm, announced today that the partners and staff of Schwartz & Hofflich have joined the firm, effective Nov. 1, continuing Citrin Cooperman's expansion and growth in Connecticut. The firm also announced that it will close its Southport office and will move into the Schwartz & Hofflich office located at 37 North Avenue in Norwalk. The firm's Connecticut office now includes 7 partners and 20 staff.

    The addition of the former partners and staff of Schwartz & Hofflich expands the firm to more than 375 people, including 91 partners, and more than $100 million in estimated annual revenue.

    Citrin Cooperman also has offices in New York City, White Plains, N.Y, Springfield, N.J., and Philadelphia.

    "The addition of the Schwartz & Hofflich partners, and its talented set of professionals, allows Citrin Cooperman to offer a greater range of services to businesses and individuals in the Connecticut, Westchester and New York marketplace," said Joel Cooperman, the firm's managing partner. "Schwartz & Hofflich is well known for the expertise in the architectural and engineering industries as well its overall accounting, tax and consulting expertise. We believe it will be a good complement to the specialties and services we already offer in Connecticut and throughout our other offices."

    Joining Citrin Cooperman from Schwartz & Hofflich are partners Neil Bayer, Lawrence Feldman, Barry Newman, Eric Prescott, Pasqualino Spagnoli and Gilbert Watkins, in addition to 14 staff.

    These partners bring revenues in excess of $4 million, and have a strong practice in audit, tax and business consulting. In addition to architectural and engineering firms, the partners have experience in a wide range of industries, including construction, financial services, real estate and distribution and manufacturing, wealth management and valuation and forensic services.

    In the latest rankings from accounting trade magazines Accounting Today and Inside Public Accounting, Citrin Cooperman is among the top 35 accounting firms in the United States and was designated a Best Accounting Firm to Work for again in 2010 by Accounting Today.

    "Connecticut is a very important market to our overall growth strategy and we will continue to expand the resources we offer to companies in the region," said Alan Badey, the partner, who together with Mark Fagan, will oversee operations in the Connecticut office.

    "We were attracted to Citrin Cooperman's client-service approach," said Gil Watkins, the managing partner of Schwartz & Hofflich. "Citrin Cooperman has been able to combine the resources of a large, regional firm with the hands-on approach that has distinguished both firms. We look forward to providing our clients the resources available at Citrin Cooperman."

    About Citrin Cooperman

    Citrin Cooperman ( is a full-service accounting firm, providing attest and assurance, tax, and business advisory services to clients in New York, New Jersey, Pennsylvania, and Connecticut. Citrin Cooperman has deep experience in a number of industries and areas including professional services firms, restaurants, real estate, entertainment, staffing and executive search, valuation and forensic services, and Sarbanes-Oxley compliance. The firm, founded in 1979, has offices in midtown Manhattan, White Plains, NY, Springfield, NJ, Philadelphia, PA, and Norwalk, CT. Citrin Cooperman is an independent firm associated with Moore Stephens.

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