Enterprise, Ala.-based IPA 100 firm Carr Riggs & Ingram CPAs and Advisors (CRI) (FY23 net revenue of $455.4 million) has announced the addition of ProSport CPA to the CRI Family of Companies.
The addition underscores CRI’s commitment to expanding its specialized tax and accounting services to cater to the unique needs of professional athletes and entertainers, the firm announced.
ProSport CPA, headquartered in New Kent County, Va., has established itself as a leader in tax and accounting services within the sports and entertainment niche. It is known for its comprehensive approach to multi-state and international tax compliance.
“Joining the CRI family enables us to leverage a vast network of resources while continuing to provide the high-quality boutique service our clients value. This collaboration not only extends our service capabilities but also positions us to better handle the increasingly complex tax, accounting and business management needs of our elite clientele in the world of sports and entertainment – Game On!” said John Karaffa, CEO of ProSport CPA.
Bill Carr, MP of CRI’s Family of Companies, added, “Integrating ProSport CPA into the CRI Family of Companies marks a pivotal expansion of our specialized services for the sports and entertainment sectors. ProSport CPA brings a wealth of specialized knowledge that complements our existing services, positioning us uniquely to address the sophisticated needs of our clients and set new standards in the industry.”
Allan D. Koltin, CEO of Koltin Consulting Group, who advised both firms on the merger, commented, “John Karaffa and his team are recognized as top-tier tax advisors nationwide, serving professional athletes across all major sports. This union with CRI is a significant gain, instantly positioning them on the competitive ‘playing field.’ ProSport CPA, sought after by many leading firms, chose CRI for its compatible culture and promising growth opportunities for its staff. This alliance not only strengthens their capabilities but also expands the expertise and resources available to ProSport CPA’s clientele.”
