As part of a plan for strategic growth, Citrin Cooperman & Company LLP recently announced that it will take on four partners from the boutique New York firm Weinick Sanders Leventhal.
As of Aug. 1, an additional fourteen staff members from Weinick Sanders Leventhal will also join Citrin Cooperman, adding $3.5 million to the firm's revenue and raising the firm's estimated annual revenues total to $41 million.
"Our firm has always embraced growth through combinations with other CPA firms whose expertise and culture complement our own, and we are proud to welcome our new partners into the Citrin Cooperman fold," said Citrin Cooperman managing partner Joel Cooperman, in a statement. "Weinick Sanders Leventhal's stellar reputation, particularly in the apparel industry, dovetails and greatly enhances our own practice niches."
The partners joining Citrin Cooperman include former managing partner Stephen J. Rankel, and longtime partners Arthur Koplowitz, Marvin Miller and Ron Tramazzo. All will work out of the firm's New York City office except for Koplowitz, who will be located in the Springfield, N.J. office. Ranked No. 47 on Accounting Today's 2005 list of Top 100 Firms, Citrin Cooperman also has an office in White Plains, N.Y. "The cost of insurance, the difficulty in finding good staff, and the growing need to offer our clients cutting-edge technology and a greater depth and breadth of services convinced us that a combination with a firm like Citrin Cooperman made a lot of sense," said Rankel in a statement.
