Marcum merges in Yarlas, Kaplan, Santilli, Moran

Marcum LLP, a Top 100 Firm based in New York, has added Yarlas, Kaplan, Santilli, Moran Ltd., an accounting firm in Providence, Rhode Island, expanding Marcum’s New England presence, effective August 1.

The deal will add seven partners and 23 associates to Marcum, and YKSM partner Thomas Lisi is becoming office managing partner for Marcum’s new Providence office. As of the end of last year, Marcum had 210 partners and 1,193 staff members. Financial terms of the deal were not disclosed. Marcum’s 2017 revenues were $469.5 million, and the firm ranked No. 16 on Accounting Today’s 2018 list of the Top 100 Firms.

YKSM has been operating for more than 60 years, providing audit, accounting, financial consulting, tax, and litigation support services.

“Marcum’s extensive national resources and range of industry specialization will be tremendous assets for our clients while providing greatly expanded career opportunities for our people,” said Lisi.

“Tom Lisi and his partners and associates bring rich experience and expertise to Marcum’s New England service portfolio,” said Marcum chairman and CEO Jeffrey Weiner in a statement. “We are delighted to welcome them to the firm.”

Marcum LLP Chairman and CEO Jeff Weiner
Marcum LLP Chairman and CEO Jeff Weiner

In addition to the new Providence office, Marcum’s offices in the New England region also include Greenwich, Hartford, New Haven, and West Hartford, Connecticut; Boston; and Portland, Maine. 

“Providence is a key market for Marcum in New England, and the YKSM team will make a significant contribution to expanding our presence in this area,” stated Anthony Scillia, regional managing partner for New England.

In June, Marcum expanded its presence in New England with the addition of Filomeno & Company, a firm based in West Hartford. Last month, Marcum expanded into Texas by merging in GBH CPAs in Houston.

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M&A Marcum LLP
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