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Blackstone Acquires Majority Stake in Citrin Cooperman from New Mountain Capital
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Subscribe07 JAN 2025 / M&A UPDATES
Private equity firm, Blackstone, has agreed to acquire a majority stake in Citrin Cooperman Advisors, a leading tax, advisory, and accounting firm, from New Mountain Capital. The transaction, expected to close in Q2 2025, represents a growing trend of private equity investments in the accounting sector and a pivot for Citrin Cooperman, set to expand its services and technologic capacities.
In a significant development within the professional services sector, private equity giant Blackstone has entered into a definitive agreement to acquire a majority stake in Citrin Cooperman Advisors LLC from New Mountain Capital. This transaction, announc...
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