New York-based IPA 100 firm Citrin Cooperman & Company (FY21 net revenue of $351.8 million) is merging in Philadelphia-based valuation advisory firm Murray Devine Valuation Advisors.
Founded in 1989, Murray Devine provides financial opinions and advisory services to private equity, corporate, venture capital and commercial banking institutions across the country. As part of the deal, Murray Devine’s senior management team, led by co-founder Dennis Murray, will join with Citrin Cooperman’s valuation advisory services practice leaders to oversee the combined valuation services business.
“[Murray Devine] brings an amazing group of partners and staff with deep technical skills, which combined with our existing valuation advisory services team, will continue to position Citrin Cooperman as an industry leader with these services,” says Citrin Cooperman CEO Alan Badey.
“Our team is incredibly dedicated, talented and hardworking, and we know we’re joining a group who shares those same qualities,” adds Murray.