WithumSmith+Brown Merges with M.D. Oppenheim

Regional accounting and consulting firm WithumSmith+Brown has merged in the Iselin and Cherry Hill, N.J., and Philadelphia offices of M.D. Oppenheim & Co. PC. The merger was effective May 1, 2007. WS+B gained approximately 50 professional and support staff and two new office locations in the greater Philadelphia area. The MDO Iselin staff will join WS+B's New Brunswick staff in the coming months at a new location currently under construction, while MDO's Cherry Hill and Philadelphia locations will continue as new WS+B offices. "The decision to join WS+B was based on the belief that the union would prove beneficial to all parties involved -- especially our clients," said Richard Cohen, former managing partner of MDO. "Assimilating into a well-respected regional firm with eight offices, including an additional international affiliation, allows our clients access to considerably more resources, receiving the same superior quality services they have come to expect and more." Founded in 1974, WS+B has 375 employees, and ranked No. 37 on Accounting Today's 2007 Top 100 Firms list, with 2006 revenues of $53.1 million.