Citrin Cooperman announced today that it has acquired substantially all the assets of HW&Co., an Ohio-based accounting and advisory firm. This acquisition strengthens Citrin Cooperman’s presence in the Midwest region and enhances its service offerings to better serve clients across various industries including healthcare, nonprofit, real estate, manufacturing & distribution, agriculture and others. HW&Co. joins Citrin Cooperman with 14 partners and over 140 employees.
“We are thrilled to welcome HW&Co. into the Citrin Cooperman family,” said Alan Badey, CEO of Citrin Cooperman Advisors LLC. “Their strong reputation in the Midwest and dedication to client success make them an excellent fit for our firm. This acquisition allows us to expand our footprint and enhance the services we offer to our clients.”
“Joining forces with Citrin Cooperman presents a tremendous opportunity for our clients and our team,” said Brandon Miller, President and CEO of HW&Co. and new Managing Partner of Citrin Cooperman’s Ohio offices. “We share a common culture of excellence and a commitment to delivering exceptional value. Together, we will continue to provide the personalized service our clients expect, now with access to a broader range of resources and expertise.”
Allan Koltin, CEO of Koltin Consulting Group, who advised both sides on the transaction, commented, “This combination is a natural fit, bringing together two firms with complementary strengths and a shared vision for the future. Citrin Cooperman’s strategic growth and HW&Co.’s regional expertise will create significant value for their clients and opportunities for their professionals.”
As is typical for firms that operate in alternative practice structures, the transaction will consist of two acquisitions: Citrin Cooperman Advisors LLC will acquire the non-attest assets and Citrin Cooperman & Company, LLP will acquire the attest assets of HW&Co.
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