New York-area CPA and business advisory firm Citrin Cooperman has merged in Shulman, Cohen, Furst & Co., a boutique firm in New York City.
Terms of the deal -- which will add some $2 million in revenue to Citrin Cooperman -- were not disclosed. Three partners and seven staff members of SCF will relocate to Citrin's New York office at the end of January.
"I believe that our firm will integrate well, and that we'll soon be able to offer our clientele a level of service that we haven't been able to give to them before," said SCF managing partner Harold Shulman.
In November, Citrin added three partners of the Long Island, N.Y., CPA firm of Weinick Sanders Leventhal.
Citrin Cooperman, which ranked No. 47 on Accounting Today's 2005 Top 100 Firms list, generated some $41 million in revenue in its most recent fiscal year.
In addition to New York City, Citrin Cooperman also has offices in White Plains, N.Y., and Springfield, N.J.
Its growth plans include adding some 100 staff to its three locations, and it has targeted $70 million in annual revenue by 2010.
