New York-based IPA 100 firm EisnerAmper LLP (FY22 net revenue of $542.1 million) is merging in Minneapolis-based IPA 200 firm Lurie LLP (FY21 net revenue of $38.4 million). The deal expected to close in September.
“We have respected Lurie for many years now,” says Jay Weinstein, vice chair of industries and markets at EisnerAmper. “By supporting startups, accelerators and organizations that support underserved groups, they don’t just get involved in their communities, they get invested. Adding these talented professionals to our cause is a real win for EisnerAmper and an even bigger win for our clients.”
Founded in 1940, Lurie provides accounting, audit, tax planning and wealth management services to clients in a wide variety of industries, including health care, professional services, technology, manufacturing, real estate and more. The firm has 24 partners and more than 200 employees working out of offices in Minnesota and Florida.
“This combination will provide our clients and the business community that we serve with greater resources that accelerate growth and opportunity today and into the future,” says Lurie MP Beth Kieffer Leonard. “We see the world the same way – in how we serve clients, provide opportunities for our people and how we give back to our community. Additionally, our culture of innovation and our values align perfectly.”
“The joining of these two forward-thinking firms creates a powerful combination,” adds Allan Koltin, CEO of Koltin Consulting Group, who advised both firms on the deal. “EisnerAmper has traditionally been known as a powerhouse on the East Coast and, with the addition of Lurie, takes a huge step toward establishing a flagship presence in the Midwest.”