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Marcum LLP Expands into Michigan with Acquisition of Croskey Lanni PC
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Subscribe06 MAY 2024 / M&A UPDATES
National accounting and advisory firm Marcum LLP has acquired Detroit-based Croskey Lanni PC, expanding its Midwest presence and bolstering its operations in Florida. The strategic merger, which unites six partners and over 50 associates under Marcum, aims to enhance its tax, assurance, technology, and financial advisory services while offering clients expanded services and solutions.
Marcum LLP, a leading national accounting and advisory firm, has expanded its Midwest presence by acquiring Croskey Lanni PC, a prominent firm based in the Detroit, Michigan area with an office in Boca Raton, Florida. This strategic acquisition enhances Marcum's capabilities in tax, assurance, technology, and financial advisory services across the Midwest and bolsters its operations in Florida.
About Croskey Lanni PC
Croskey Lanni PC is renowned for serving privately held businesses across various industries, including construction and real estate, material handling, professional services, trusts and estates, and nonprofit organizations. The firm has also been a leader in the charter school sector since its inception in the 1990s.
Strategic Implications
The merger brings six partners and over 50 associates from Croskey Lanni to Marcum, significantly enhancing Marcum's team and service offerings. Clients of Croskey Lanni will benefit from an expanded range of services, including advanced assurance, tax, and advisory services, as well as specialized business and financial solutions related to R&D tax credits, international tax, transaction advisory, and advanced cyber and information security services.
Leadership Perspectives
Jeffrey Weiner, Chairman and CEO of Marcum, expressed enthusiasm about the acquisition, stating, "Our shared values and commitment to excellence drove the acquisition of Croskey Lanni. Both firms focus on providing customized solutions for complex business challenges. Croskey Lanni’s impressive track record of working closely with clients to enhance value complements Marcum’s strategic vision, making this merger an ideal combination of our strengths."
David Croskey, founder and managing partner of Croskey Lanni, reflected on the cultural alignment between the firms, noting, "Both Marcum and Croskey Lanni offer complementary business services with a shared passion and commitment to our teammates and clients. We both hold similar cultural values that encourage teamwork, innovation, and professional growth. This move creates exciting new opportunities for our team members while setting the stage to deliver unprecedented solutions for our clients."
Until next time…
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