EisnerAmper merges in Cohen & Schaeffer
EisnerAmper LLP has added the New York accounting firm, Cohen & Schaeffer, effective Dec. 16, 2017.
Shareholders Arthur Cohen and Steve Schaeffer have joined New York-based EisnerAmper, along with the 15 other professionals on their staff. Their firm specializes in international taxation and will become part of the EisnerAmper Tax Group.
“Arthur and Steve, along with their entire group, have a well-deserved reputation for providing outstanding client service,” said EisnerAmper managing partner of services Christopher Loiacono, who leads the Tax Group. “We look forward to adding their strengths in advising on complex tax matters, especially in the growing area of international taxation, to EisnerAmper.”
Cohen & Schaeffer also offers other services, such as tax and accounting management services, estate and trust filings, and M&A and restructuring advisory services. Clients include startups, multinational companies, partnerships, trusts, nonprofits and individuals.
Financial terms of the deal were undisclosed. Robert Fligel, president of the Accountants Club of America, advised on the transaction. EisnerAmper ranked 18th on Accounting Today’s 2017 list of the Top 100 Firms, with $318.8 million in annual revenue. EisnerAmper has 180 partners and 1,400 staff members.
Both Cohen and Schaeffer are joining EisnerAmper as partners. Cohen has more than 30 years of accounting and tax experience, specializing in international tax, high-net-worth families, real estate and entertainment. “We’ve always emphasized the ‘personal’ touch, giving our clients the individual attention they deserve,” said Cohen in a statement. “I know this is also the culture at EisnerAmper, which was the compelling reason behind our decision to join them.”
Schaeffer has more than 35 years of accounting and tax experience, specializing in corporate tax, reorganizations, acquisitions and dispositions. “When our clients make business decisions, they count on us to be their trusted advisor,” he said in a statement. “We listen to and understand their needs. Now, as part of EisnerAmper, we’ll be able to bring them an amazing array of new resources to help them meet their goals.”