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Citrin Cooperman Expands Florida Presence with Acquisition of Keefe McCullough

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07 FEB 2024 / M&A UPDATES

Citrin Cooperman Expands Florida Presence with Acquisition of Keefe McCullough

Citrin Cooperman Expands Florida Presence with Acquisition of Keefe McCullough

Citrin Cooperman, a leading professional services firm headquartered in New York City, has announced the successful acquisition of Keefe McCullough & Co., LP (KMC), a full-service tax, attest, and business advisory firm based in Fort Lauderdale, Florida. The acquisition became effective on February 1, 2024.

Firm Overview

Founded in 1971, KMC has been providing comprehensive accounting, advisory, consulting, and planning services to governmental, educational, not-for-profit, and general accounting clients throughout South Florida. The firm brings 11 partners, more than 75 employees, and over $15 million in revenue to Citrin Cooperman.

Strategic Significance

This acquisition enhances Citrin Cooperman's presence in Florida, particularly in the Fort Lauderdale area, complementing its existing offices in the Miami metro region. The combined Florida operations now consist of over 150 dedicated professionals serving a diverse range of corporate and individual clients.

Leadership Perspectives

Joel Cooperman, Executive Chairman of Citrin Cooperman, expressed enthusiasm about the merger, stating, "We are thrilled to welcome the KMC partners and staff to Citrin Cooperman. In concert with our Miami office, we look forward to continuing to build our Florida operations where we now have over 150 dedicated professionals serving a wide diversity of corporate and individual clients."

Louis Proietto, Managing Partner of KMC, added, "We joined Citrin Cooperman exactly 53 years to the day KMC was formed on February 1, 1971. It feels like a momentous step in expanding the resources and solutions we can offer to our clients and an incredibly exciting opportunity for our leadership and employees."

Firm Overview

Citrin Cooperman is one of the nation's largest professional services firms, with offices across the United States. The firm offers a comprehensive range of business and personal services, including audit and assurance, tax, advisory, and consulting services. The acquisition of KMC aligns with Citrin Cooperman's strategic growth initiatives, particularly in expanding its footprint in the Florida market.

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