Prager Metis expands in Jersey with LFL Veritas

Top 100 Firm Prager Metis CPAs has combined with Teaneck, New Jersey-based LFL Veritas, effective October 1.

Financial terms of the deal were not disclosed.

LFL Veritas is a full-service accounting firm that offers tax, accounting, auditing, planning and consulting services to a range of clients, including professionals and executives, entrepreneurs and business owners, retirees, and high-net-worth individuals.

The firm has relocated to Prager Metis’ Hackensack office. LFL’s Rich Feld and Jay Levine have joined Prager Metis as partners, and Karen Whitaker as a principal; seven other LFL staff have also joined the larger firm.

“We are excited to join a firm whose philosophy and culture we share,” LFL’s Feld said in a statement. “Prager Metis has a level of expertise and a growing reputation that is unique for an accounting firm of its size. We look forward to bringing these resources to our clients.”

Prager Metis offices

“We welcome their addition,” Ronald Friedlander, managing partner of the Hackensack office, said in a statement. “We’re excited that this merger enables us to continue to provide excellent, personalized service to the diverse businesses and individuals throughout New Jersey.”

Prager Metis ranked No. 51 on Accounting Today’s 2019 list of the Top 100 Firms, with $97 million in revenue, 11 offices and over 500 staff.

In July, it expanded to Washington, D.C., by merging in Frank & Co. PC; earlier in the year it extended its footprint in both Florida and New Jersey by adding Beck, Villata & Co.

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