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Citrin Cooperman completes acquisition of Clearview Group to strengthen Mid-Atlantic presence

PRIVATENov 14, 2024over 1 year ago

Acquiring Company

Citrin Cooperman Advisors

Acquired Company

Clearview Group

New YorkBaltimoreConsulting

Description

Citrin Cooperman has announced the acquisition of substantially all the assets of Clearview Group, a Baltimore metro-based management consulting and CPA firm. By bringing Clearview Group into its fold, Citrin Cooperman aims to enhance its capabilities in risk advisory, state and local tax, and purpose-built technology solutions, thus reinforcing its position in the Mid-Atlantic region.

Company Information

Company

Citrin Cooperman Advisors

Location

New York, New York, United States

About

Citrin Cooperman Advisors, LLC is the premier professional services provider for private, middle market businesses and high net-worth individuals. It has a strategic growth plan focused on the evolution of the accounting and professional services profession, with over 20 highly strategic transactions in recent years.

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Strategic

ML-powered predictions for Citrin Cooperman Advisors's next move

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed