EisnerAmper, a Top 25 Firm based in New York, is adding the Tidwell Group, a tax, assurance, advisory and real estate consulting firm based in Birmingham, Alabama, with the deal expected to close on May 1.
The transaction represents the latest in a series of M&A deals since
Financial terms of the deal with Tidwell Group were not disclosed. Eisner Advisory Group ranked No. 17 on Accounting Today's 2024 list of the Top 100 Firms, with $848.7 million in annual revenue. The firm has 400 partners and 4,000 staff members, while Tidwell Group has 40 partners and 200 staff.
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Tidwell has six offices in Alabama, Georgia, Texas and Ohio and was founded in 1997. It specializes in serving clients in the real estate, affordable housing, HUD and USDA-rural development compliance, renewable energy projects and construction industries.
"Combining an entrepreneurial and community spirit together with a singular focus on delivering client service excellence fuels our trajectory, and we see this same spirit and dedication at EisnerAmper," said national managing partner J. Barry Tidwell in a statement Thursday. "Together, we look forward to achieving greater heights for our clients, staff, industries and the communities in which we practice. EisnerAmper remains deeply committed to supporting and advancing the affordable housing and renewable energy sectors through innovative solutions and dedicated service."
The deal will expand EisnerAmper's real estate clientele. "Combined with Tidwell's nationally recognized real estate group, EisnerAmper will have one of the preeminent real estate practices in the U.S. and beyond," said Christopher Loiacono, EisnerAmper vice chair of services, in a statement. "We're excited about the future, and we heartily welcome our new colleagues from Tidwell Group."
Last year, EisnerAmper merged in