EisnerAmper provides Hoffman Group | Accounting In the present day

EisnerAmper, a High 20 Agency based mostly in New York, has expanded in Maryland by merging within the Hoffman Group, a CPA agency in Baltimore, the newest in a string of M&A offers since EisnerAmper obtained personal fairness funding final 12 months. 

The Hoffman Group was based in 2017 and presents accounting and enterprise consulting providers to shoppers in industries resembling building, manufacturing, wholesale distribution, authorities contracting, expertise and actual property.

 “We’re thrilled to be teaming up with EisnerAmper,” stated Hoffman Group managing accomplice Donald N. Hoffman in an announcement Wednesday. “Their ardour, tradition and steadfast dedication to service will vastly increase our capabilities to ship each added worth to our shoppers and development alternatives for our professionals.” 

He’ll turn into partner-in-charge of EisnerAmper’s Baltimore Metro workplace.

EisnerAmper workplace constructing in Metropark/Iselin, N.J.

Courtesy of EisnerAmper

Monetary phrases of the deal weren’t disclosed. Hoffman is the one accomplice in his agency, and he has roughly 35 staffers. EisnerAmper has roughly 300 companions and greater than 3,000 employees members. EisnerAmper ranked No. 18 on Accounting In the present day’s 2022 listing of the High 100 Companies, with $488.eight million in annual income.

 “The Hoffman Group provides EisnerAmper a key presence within the Maryland-Washington-Virginia hall,” stated Jay Weinstein, EisnerAmper’s vice chair of industries and markets, in an announcement. “Their extraordinary professionals and tireless dedication to shopper service match completely with the EisnerAmper tradition, and we welcome them warmly.”

The deal is the newest since EisnerAmper obtained personal fairness funding final 12 months from TowerBrook Capital. In August, EisnerAmper expanded in Minnesota by including Lurie, a regional chief within the Midwest. In June, EisnerAmper added New York-based High 100 Agency Raich Ende Malter. In March, EisnerAmper added Popper & Co., one other agency based mostly in New York Metropolis. Final December, EisnerAmper merged in Caler, Donten, Levine, Cohen, Porter & Veil, a agency based mostly in West Palm Seaside, Florida. Final June, previous to the funding from TowerBrook, the agency merged in ZenTek Knowledge Techniques, a expertise consulting agency headquartered in Fort Lauderdale, Florida. In February of final 12 months, it accomplished a pair of M&A offers with St. Clair CPAs in New Jersey and Pennsylvania and Goldin Peiser & Peiser in Dallas.