Marcum Builds a Bigger Construction Practice with Acquisition

MarcumNew York-based IPA 100 firm Marcum LLP (FY19 net revenue of $625.3 million) has expanded its focus on accounting and advisory services to the construction industry by merging in Castellano Korenberg & Company of Hicksville, N.Y.

As part of the deal, MP Daniel Castellano and Neal Korenberg of Castellano Korenberg have been admitted as Marcum partners, with Castellano serving as Long Island leader of the firm’s national construction services group. Castellano and Korenberg are working from the firm’s Melville, N.Y., office.

Founded in 1991, Castellano Korenberg offers a full range of accounting, auditing, tax planning, compliance and consulting services to general and specialized contractors. The firm also serves clients in related industries including transportation, communication, manufacturing/distribution and real estate.

“Dan Castellano and Neal Korenberg built a very successful specialty firm that was recognized and respected throughout the Long Island region,” says Jeffrey Weiner, Marcum chairman and CEO. “They and their team will be tremendous assets in our national construction industry practice while further strengthening our position as Long Island’s largest accounting and advisory services firm.”

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