Baker Tilly buys New York-based Margolin, Winer & Evens

10 August 2021 Consulting.us 1 min. read
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Baker Tilly US has acquired Margolin, Winer & Evens (MWE), a Uniondale, NY-based accounting and consulting firm.

Founded in 1946, MWE offers services in accounting and audit; state, local, and international tax; cost segregation; systems consulting; estate planning; and small business solutions.

The firm’s 130 team members serve New York area clients in a range of industries, with particular expertise in real estate, manufacturing, and distribution. MWE has offices in Manhattan and Uniondale, Long Island.

Baker Tilly’s acquisition of MWE will expand the firm’s Metro New York headcount to nearly 400 professionals. Financial terms of the transaction, which is expected to finalize in November 2021, were not disclosed.Baker Tilly buys New York-based Margolin, Winer & Evens“Metro New York is a strategic market for Baker Tilly positioned for continued growth and investment,” said Jeff Ferro, Baker Tilly managing partner for Eastern and Central US. “We admire MWE for their deep roots in the community and their longstanding client relationships in New York and beyond.”

Craig Savell, managing partner of MWE, added, “Joining forces with Baker Tilly connects our clients to valuable national resources and relationships.”

Savell will join Baker Tilly as managing partner of the New York market. He succeeds Christine Fenske, who served as head of the New York market and the national financial services practice for the last four years. Fenske will continue to lead Baker Tilly’s fast-growing financial services practice.

The MWE deal follows Baker Tilly’s acquisition of Squar Milnar, a CPA firm with a strong California presence. The transaction added 550 professionals and $130 million in annual revenue.

Baker Tilly has more than 3,700 professionals nationwide and is the 14th largest company on Accounting Today’s 2021 list of the Top 100 Accounting Firms. The firm has approximately $790 million in annual revenue.