Cleveland-based IPA 100 firm Cohen & Company (FY23 net revenue $153.9 million) announced the acquisition of Chicago-based firm Tassi and Company. The transaction, expected to close at the end of March 2025, is a meaningful milestone in Cohen & Co’s growth strategy, enhancing its national real estate service offering and expanding the firm’s presence in the Chicago market.
Founded by Joe Tassi in 1990, Tassi and Company has approximately 35 employees and serves real estate owners, developers, managers and investors. Specifically, the firm provides outsourced fund and partnership accounting, property management and development accounting, construction draw accounting and tax services.
“We are excited to welcome Tassi and Company to our firm,” says Chris Bellamy, Cohen & Co CEO. “The real estate and construction industry is an important growth area and one that we’ve made a priority for investment. This transaction will provide additional expertise and scale for the benefit of our clients, as well as new career path opportunities for employees of both firms.”
“Cohen & Co shares our core cultural and entrepreneurial philosophies rooted in client service and taking care of our people,” says Tassi and Company founder and principal Joe Tassi. “This is the natural next step for our firm as we plan for our future. We are impressed with Cohen & Co and are confident our clients and teammates will benefit from their leadership and strategic vision.”
