New York-based Raich Ende Malter & Co. (FY18 net revenue of $51.4 million) and U.K.-based accounting firm Frank Hirth PLC announced that Frank Hirth’s U.S. practice is joining Raich Ende Malter & Co. (REM) on Feb. 17.
“We are always looking to join together with accounting firms that complement or expand our current service offerings and the industries we serve,” says Ellis Ende, MP of REM. “Frank Hirth is a very special organization.”
Cornelius Kilbane Jr., MP of REM’s New York office, says, “It is an honor to welcome the members of Frank Hirth to our firm. With their exemplary tax practice and deep technical knowledge of U.S. and international tax compliance, their practice will complement and expand our own.”
Eric Collins, former director of the U.S. practice, Frank Hirth LLC, says the firm will continue its U.K. and Wellington, New Zealand, operations without any change. “The choice to seek an affiliation for our U.S. practice was made to allow us to provide our clients a wider array of services and add depth within our professional staff. Our transition to Raich Ende Malter provides these resources, as well as specialized professionals in a variety of industries. At the same time, the move offers greater opportunities to our employees.”
With the addition of the Frank Hirth portfolio, revenues will approach $60 million, REM says. The Frank Hirth team will move to REM’s midtown Manhattan location, bringing total workforce to 45 partners and principals and 240 employees.