EisnerAmper buys Raich Ende Malter & Company
EisnerAmper, a New York-headquartered mid-market accounting and consulting firm, has acquired Raich Ende Malter & Company (REM), a New York-based accounting and consulting firm.
Founded in 1972, REM provides audit, attest, tax, family office, and business advisory services t o organizations including family-run enterprises, public companies, and non-profits across a range of industries.
The firm has 200 employees and 45 partners/principals across offices in New York City, Long Island, New Jersey, Florida, and the Cayman Islands.
The deal will reinforce EisnerAmper’s strong presence in the New York metropolitan area, as well as in Florida, where the firm last year acquired Caler, Donten, Levine, Cohen, Porter & Veil (CDL).
"Adding 245 experienced professionals adds a tremendous amount of brainpower to the firm that will add real and immediate value to our clients. We warmly welcome REM to the EisnerAmper family," said Christopher Loiacono, EisnerAmper vice chair of services.
EisnerAmper received a significant investment from TowerBrook Capital Partners last year, enabling it to make several significant acquisitions, including the aforementioned CDL as well as Keating Consulting Group (KCG), a Silicon Valley–based accounting and consulting firm.
EisnerAmper has approximately 200 partners and 2,500 employees across the US, Cayman Islands, UK, Israel, and India. The firm provides a full suite of audit, tax, and business consulting services.
"In EisnerAmper, we've found a partner that amplifies our efforts to create the highest level of value for our clients while providing our family of accounting professionals an innovative culture in which they can thrive and prosper," said REM managing partner Ellis Ende. "We look forward to continuing these efforts with our new colleagues at EisnerAmper."
