Indianapolis-based IPA 100 firm KSM (Katz Sapper & Miller) (FY23 net revenue of $144.9 million) announces its expansion in New York City with the addition of CPA firm Shanholt Glassman Klein Kramer & Co. (SGKK). This transaction, effective Oct. 31, increases KSM’s New York presence and marks KSM’s second major acquisition of 2024.
“We are excited to welcome the talented team at SGKK to KSM. With its long-standing reputation for excellence, particularly in real estate, SGKK’s deep industry expertise will significantly strengthen our capabilities in this important market,” said Tim Cook, KSM CEO and president. “Together with our existing real estate offerings, SGKK’s experience will help us further enhance our reputation and drive continued growth in New York.”
KSM established its New York office in 2012 and with the addition of SGKK’s nearly 60 employees and six partners, KSM’s New York office will expand to a team of approximately 90 professionals. SGKK’s Sandy Klein will serve as MP of the combined office. “Joining KSM will enable us to continue to serve our clients well while offering a wider range of services. I am confident that together, SGKK and KSM will deliver even more value, and I look forward to leading KSM’s New York office through this exciting new chapter,” said Klein.
