Marcum LLP, a Top 20 Firm based in New York, has added RotenbergMeril CPAs, a firm in Saddle Brook, New Jersey.
The deal brings eight partners and 53 associates to Marcum. Neal Rotenberg, who was previously managing partner at RotenbergMeril, will become Marcum’s Saddle Brook office managing partner.
Financial terms of the deal were not disclosed. Marcum ranked No. 15 on Accounting Today’s 2021 list of the Top 100 Firms. Marcum’s 2021 revenues have not yet been reported, but its annual revenue for the year ending Dec. 31, 2020, was $689.06 million. Marcum currently has 2,500 associates, including approximately 350 partners.
RotenbergMeril dates back to 1986 and specializes in providing highly technical and complex tax and audit services to private equity firms and their portfolio companies, hedge funds, financial services organizations and emerging public companies. Other clients include professional service firms and renewable energy, manufacturing, commercial real estate, fintech and software development companies.
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“RotenbergMeril is a top New Jersey firm with a strong national presence and an outstanding technical capability,” said Marcum vice chairman David Bukzin in a statement Tuesday. “Neal Rotenberg, Lawrence Meril and their team bring significant talent and critical mass to our New Jersey region, where our national real estate practice is based.”
He cited RotenbergMeril’s capabilities in SEC audit services as an addition to Marcum’s capital markets group.
“Marcum’s extensive national resources and deep bench of talent are very attractive to our team, particularly where our practice specialties align, including for our publicly traded clients,” Rotenberg said in a statement. “The opportunity to collaborate as partners and to expand Marcum’s presence in New Jersey is a perfect fit with our growth strategy.”
In December, Marcum expanded into Missouri by merging in