New York-based IPA 100 firm Citrin Cooperman (FY22 net revenue of $432.4 million) has announced the acquisition of Coleman Huntoon & Brown (CH&B) of Chapel Hill, N.C.
CH&B joins Citrin Cooperman with over 20 employees and more than $7 million in revenue, and their Chapel Hill office establishes Citrin Cooperman’s first location in the Carolinas.
“From our very first meeting, we found the CHB partners to be perfectly aligned with us. We share the same values, and the same dedication to high quality, timely client service. Combining with CHB will provide us with the opportunity to work together to grow our firm and our service offerings in North Carolina and beyond,” said Citrin Cooperman Executive Chairman Joel Cooperman and CEO Alan Badey in a joint statement.
“Joining Citrin Cooperman has been a wonderful opportunity for our team,” shared CH&B MP Mark Brown. “With the resources of a national firm, we look forward to being able to expand the solutions we bring to our clients and continuing to grow our talented group of professionals while maintaining the personal relationships so fundamental to our success.”
Allan Koltin, CEO of Koltin Consulting Group, who advised both firms on the transaction, said, “This strategic expansion is an important step for Citrin Cooperman and fortifies their already impressive presence on the eastern seaboard, in addition to their many additional offices across the country. Their growth over the past few years has been remarkable, and their focus on adding firms that share their core values is evident in the joining of CH&B.”
