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Marcum Integrates Simon, Krowitz, Meadows & Bortnick, Enhancing Mid-Atlantic Presence
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Subscribe02 MAY 2024 / M&A UPDATES
Marcum LLP, an influential accounting and advisory firm, will integrate Maryland-based company Simon, Krowitz, Meadows & Bortnick (SKMB) into their operations on May 1, 2024. The partnership aims to fortify Marcum's presence in the Mid-Atlantic region by merging the two firms' resources and expertise, thereby enhancing Marcum's service capabilities and aligning with its growth strategy.
Marcum LLP, a leading accounting and advisory firm, has announced the integration of Simon, Krowitz, Meadows & Bortnick (SKMB), a Maryland-based firm established in 1959 and headquartered in Rockville. This integration, effective May 1, 2024, aims to strengthen Marcum's position in the Mid-Atlantic region by combining SKMB's expertise with Marcum's resources.
About Simon, Krowitz, Meadows & Bortnick
SKMB has built a strong reputation for delivering innovative financial solutions and fostering strong client relationships. The firm offers a range of services, including accounting, assurance, tax services, and business valuations.
Strategic Implications
The integration is expected to enhance Marcum's capabilities in financial reporting, audits, tax consulting and preparation, bookkeeping, and business valuation and litigation services. This collaboration aligns with Marcum's strategy to expand alongside firms that share its commitment to client satisfaction and professional excellence.
Leadership Perspectives
Jeffrey Weiner, Chairman and CEO of Marcum, stated, "This collaboration aligns seamlessly with our strategy to expand alongside firms that share our ethos and unwavering commitment to client satisfaction." Edward Bortnick, SKMB’s co-managing partner, expressed enthusiasm about the enhanced capabilities for clients and opportunities for employees.
This integration underscores Marcum's commitment to growth and excellence in the accounting and advisory sector, particularly in the Mid-Atlantic region.
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