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Citrin Cooperman to acquire Teplitzky & Company P.C. to expand Healthcare practice in Connecticut

Oct 17, 2024•9 months ago

Acquiring Company

Citrin Cooperman

Acquired Company

Teplitzky & Company P.C

New YorkUnited StatesConsultingHealth Care

Description

Citrin Cooperman, a premier professional services firm, has announced the acquisition of substantially all the assets of Teplitzky & Company P.C., a Woodbridge, CT-based accounting, consulting, and tax firm specializing in the Healthcare industry. This strategic acquisition will expand Citrin Cooperman's growing presence in Connecticut and enhance its ability to provide enhanced services and resources to clients.

Company Information

Company

Citrin Cooperman

Location

New York, New York, United States

About

Citrin Cooperman is the premier professional services firm for private, middle market businesses and high net-worth individuals. With over 450 partners and 2,800 professionals, it combines deep industry expertise, diversified service portfolio, and a national reach with a people-first approach. Citrin Cooperman provides attest services and business advisory/nonattest services in accordance with professional standards.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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