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Edelstein & Company Merges with EisnerAmper

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02 MAY 2024 / M&A UPDATES

Edelstein & Company Merges with EisnerAmper

Edelstein & Company Merges with EisnerAmper
Summary
It is generated by AI

New York-based accounting firm EisnerAmper LLP plans to merge with Boston-based Edelstein & Company, integrating Edelstein’s partners and professionals. This strategic move is expected to broaden EisnerAmper’s services and expertise in the New England region, enhancing its client service capabilities and market reach.

EisnerAmper LLP, a leading New York-based accounting firm, has announced the merger with Boston-based Edelstein & Company, a firm established in 1968. This strategic combination, expected to finalize in June 2024, will integrate Edelstein's 11 partners and over 150 professionals into EisnerAmper's operations.

About Edelstein & Company

Founded in 1968, Edelstein & Company has built a strong reputation for providing comprehensive accounting, tax, and advisory services across various industries, including food and beverage, healthcare, financial services, nonprofits, real estate, and professional services.

Strategic Implications

This merger enhances EisnerAmper's presence in the New England region, allowing the firm to offer a broader range of services and expertise to its clients. The integration aims to leverage combined resources to deliver enhanced client service and expand market reach.

Leadership Perspectives

Scott B. Kaplowitch, Managing Partner of Edelstein & Company, expressed enthusiasm about the merger, stating, "EisnerAmper is also a 'go-the-extra-mile' type of firm. We welcome the opportunity to leverage EisnerAmper’s vast resources in expertise and technology to help take our client service capabilities to the next level."

Jay Weinstein, Vice Chair of Industries and Markets at EisnerAmper, added, "For 50-plus years, the professionals at Edelstein have been trusted business advisors. That type of longevity is a powerful testament to Edelstein’s leadership, practitioners, and approach."

This merger underscores both firms' commitment to growth and excellence in the accounting and advisory sector, particularly in the New England market.

Until next time…

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