Top 20 Firms J.H. Cohn LLP and Reznick Group PC have officially combined to form CohnReznick LLP, which will have 2,000 employees, 25 offices and more than $450 million in revenue.
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The merger was originally announced in May (see “J.H. Cohn and Reznick Group to Merge”), and will create a firm that stretches from Boston to Atlanta on the East Coast, with a number of offices on the West Coast, in Austin, Texas, in Chicago, and overseas in India and the Cayman Islands. CohnReznick will be a member of Nexia International.
J.H. Cohn chief executive Thomas Marino and Reznick Group CEO Kenneth Baggett will serve as co-CEOs of CohnReznick for its first three years, after which they plan to step down (see “J.H. Cohn’s Tom Marino Plans Future after Reznick Merger”).
“This combination represents incredible opportunity for our clients, partners and our employees,” said Marino. “The firm has exceptional accounting and tax expertise and advisory skills in such areas as governance, risk and compliance; government advisory; bankruptcy and restructuring; valuation; transactions; and management consulting. We also offer deep industry insight in a number of industries, including renewable energy, hospitality, manufacturing and wholesale distribution, private equity, construction, life sciences and technology, not-for-profit and education, and very large concentrations in commercial real estate and affordable housing.”
“The market is already recognizing the unique differentiators of this firm,” said Baggett. “During our integration efforts over the last few months, we’ve secured a number of exciting new opportunities together and we’re already providing additional value added resources to existing clients. In the current economic environment, clients require a strong combination of geographic reach, diverse resources, and deep industry expertise. CohnReznick provides all of this along with an entrepreneurial, forward-thinking culture that sets us apart from other firms.”
For more information, visit CohnReznick's new Web site.