In yet another major transaction at the top of the profession in 2023, New York-based IPA 100 firm EisnerAmper LLP (FY22 net revenue of $542.1 million) is combining with Baton Rouge, La.-based IPA 100 firm Postlethwaite & Netterville (P&N) (FY22 net revenue of $81.2 million). The deal is expected to close by the end of summer.
Founded in 1949, P&N has more than 575 team members spread across nine offices in Louisiana, Texas and Mississippi. The deal will expand EisnerAmper’s reach into the Gulf Coast region while providing a platform for P&N’s continued growth on a larger geographic scale.
“We greatly look forward to our historic combination with P&N and the vast opportunities it will afford our clients and staff for years to come,” says Christopher Loiacono, vice chair of services at EisnerAmper. “With this one strategic move, we’re adding more than 575 top-talent professionals and further extending deep industry experience in all aspects of our assurance, tax, advisory and outsourcing practice areas – no small accomplishment.”
“This is an unprecedented opportunity to provide our clients with even more innovative and competitive services and for P&N team members to benefit from additional resources and new opportunities for professional growth,” adds P&N managing director and CEO Dan Gardiner. “By joining with EisnerAmper, P&N will continue to serve our clients across the Gulf South and U.S. with the added support, resources and partnership of a Top 20 firm with a global presence.”