Citrin Cooperman Merges in Regardie, Brooks & Lewis

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Top 100 firm Citrin Cooperman has merged in Regardie, Brooks & Lewis, a regional accounting firm based in Bethesda, Md.

With the addition of Regardie, Brooks & Lewis, Citrin Cooperman expects annual revenues to exceed $185 million.

The new addition, which is expected to close on Sept. 1, 2015, will bring approximately 25 new professionals and six new partners to Citrin Cooperman, while expanding its reach to the D.C. metro market.

This will mark the seventh office for Citrin Cooperman, headquartered in New York City. The firm has other offices in Philadelphia, Norwalk, Conn., Livingston, NJ, Plainview and White Plains, NY.

“We are excited about the strong synergies between Citrin Cooperman and Regardie, Brooks & Lewis, which share an entrepreneurial spirit and a culture of excellence by focusing on what counts with superior client service,” Citrin Cooperman CEO Joel Cooperman said in a statement. “We have long wanted to be in the Washington D.C. marketplace and we finally found a firm with similar values and dedication to client service. The partners and staff of Regardie Brooks & Lewis will add tremendous talent and expertise to our firm, while extending our capabilities from the New York metropolitan area to the Middle Atlantic region. We are very proud to have them join us.”

Regardie, Brooks & Lewis has been offering audit, tax, consulting, and comprehensive business management services for over 80 years. The firm serves a wide range of clients, including entrepreneurial businesses, professional service firms, not-for-profit organizations, real estate and construction firms, health care facilities, schools, employee benefit plans, retailers and wholesalers, and individuals.

“We are thrilled to be a part of Citrin Cooperman, both for its reputation in the industry and its wide reach within the Northeast,” said Paul Gnatt, co-managing partner at Regardie, Brooks & Lewis. “Our addition and combining of forces will serve to further enhance our abilities and strong level of service for our clients.”

“Entering Washington, D.C., represents a very bold step for Citrin Cooperman,” said Allan Koltin, CEO of Koltin Consulting Group, who advised both firms on the merger. “I believe it is the first of many mergers we will see from them over the next couple of years that will extend their firm from a regional to a megaregional and potentially a national firm. Regardie, Brooks & Lewis was a firm courted by over a half dozen other national firms, but in the end they chose Citrin Cooperman based on similar client service philosophies, cultures and a common commitment to developing staff.”


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