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EisnerAmper to combine with Edelstein & Company, LLP to enhance presence in New England

May 02, 2024over 1 year ago

Acquiring Company

EisnerAmper

Acquired Company

Edelstein & Company

BostonAccountingHospitalityConsulting

Description

EisnerAmper announces the partnership with Boston-based CPA firm Edelstein & Company, LLP. This combination is expected to strengthen EisnerAmper's presence in New England and provide expanded service offerings in various sectors including food and beverage, healthcare, financial services, nonprofit, real estate, and professional services.

Company Information

Company

EisnerAmper

Location

733 3rd Ave

About

EisnerAmper is a prominent U.S.-based accounting and advisory firm established in 1963. It offers a wide array of services, including audit, accounting, tax, advisory, consulting, and outsourcing. The firm caters to a diverse clientele, such as large enterprises, privately owned companies, governmental entities, high-net-worth individuals, family offices, nonprofit organizations, and entrepreneurial ventures across various industries. The company operates through two main entities: EisnerAmper LLP, which focuses on audit and attest services, and Eisner Advisory Group LLP, which provides non-attest services. EisnerAmper emphasizes responsiveness, accountability, ethical standards, and long-term client relationships. With over 4,500 colleagues and more than 440 partners, the firm is recognized for its client satisfaction and offers competitive compensation and career opportunities in the consulting and financial advisory sectors. Its global presence includes offices in the UK, Israel, India, the Cayman Islands, Singapore, and Ireland, supporting clients with international interests.

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