Tampa, Fla.-based IPA 100 firm Schellman of (FY22 net revenue of $123.4 million) is carving out the system and organization controls (SOC) practice of Cleveland-based IPA 100 firm Cohen & Company (FY22 net revenue of $129.8 million). Cohen’s SOC practice, including select personnel, will transition to Schellman, representing what the latter calls “a unique opportunity for both firms to leverage their combined expertise and industry knowledge to meet the broad needs of their clients.”
“This transaction represents a momentous leap forward for Schellman & Company,” says firm president Doug Barbin. “We are truly excited to extend our unwavering commitment to excellence to Cohen & Company’s SOC clients, empowering them with exceptional SOC risk assurance, compliance and cybersecurity services specifically tailored to meet their ever-evolving needs in today’s intricate business landscape.”
“SOC work is a highly technical service offering that requires depth of resources and a specialized approach – both of which Schellman excels in providing,” adds Cohen & Company CEO Chris Bellamy. “We have the utmost respect and confidence in the Schellman team and know they will provide our SOC clients and team members a great platform on which to succeed.”
