EisnerAmper, a Top 20 Firm based in New York, has expanded in Maryland by merging in the Hoffman Group, a CPA firm in Baltimore, the latest in a string of M&A deals since EisnerAmper received private equity funding last year.
The Hoffman Group was founded in 2017 and offers accounting and business consulting services to clients in industries such as construction, manufacturing, wholesale distribution, government contracting, technology and real estate.
"We're thrilled to be teaming up with EisnerAmper," said Hoffman Group managing partner Donald N. Hoffman in a statement Wednesday. "Their passion, culture and steadfast commitment to service will greatly expand our capabilities to deliver both added value to our clients and growth opportunities for our professionals."
He will become partner-in-charge of EisnerAmper's Baltimore Metro office.
Financial terms of the deal were not disclosed. Hoffman is the only partner in his firm, and he has approximately 35 staffers. EisnerAmper has approximately 300 partners and more than 3,000 staff members. EisnerAmper ranked No. 18 on Accounting Today's 2022 list of the Top 100 Firms, with $488.8 million in annual revenue.
"The Hoffman Group gives EisnerAmper a key presence in the Maryland-Washington-Virginia corridor," said Jay Weinstein, EisnerAmper's vice chair of industries and markets, in a statement. "Their extraordinary professionals and tireless commitment to client service fit perfectly with the EisnerAmper culture, and we welcome them warmly."
The deal is the latest since
