Citrin Cooperman, a Top 100 Firm based in New York, has extended its footprint to the West Coast by combining with Shuwager & Co., a firm based in Los Angeles, effective June 1.
As part of the deal, partners Robert Shuwarger and Richard Dettorre are joining Citrin Cooperman. Financial terms were not disclosed. Citrin Cooperman ranked 22nd on Accounting Today’s 2019 list of the Top 100 Firms, with $270 million in annual revenue. The firm has approximately 220 partners and 1,045 employees.
With its new Los Angeles office, Citrin Cooperman is going from a regional firm into a national firm, with 12 domestic offices. Citrin also has offices in London; Ahmedabad, India; and Grand Cayman, Cayman Islands.
“We are extremely pleased to have Bob Shuwarger and his team come on board, and to officially open an office in West Los Angeles,” said Citrin Cooperman CEO Joel Cooperman in a statement. “A significant number of our clients, particularly our entertainment clients, are located on the West Coast, and we’ve searched long and hard for a firm in L.A. that would be the right fit for them and for our firm. Shuwarger & Company LLP is a terrific addition with a history of excellent client service and long-term relationships. We are looking forward to having them become part of our team.”
Shuwarger offers services such as tax planning and compliance, trust and estate planning, litigation support and business management to ultra high-net worth individuals, entrepreneurs, closely held and family-owned businesses, private foundations, the entertainment industry, and families.
“We’re thrilled to be part of the Citrin Cooperman team,” said Shuwarger managing partner Bob Shuwarger in a statement. “Our clients will benefit from an expanded service line while retaining the high level of client service they’ve been accustomed to. Citrin Cooperman is a strong firm with great leadership and a talented team.”
Citrin did several other M&A deals last year, including with