Citrin Cooperman Expands Midwest Presence with Acquisition of HW&Co.

Citrin Cooperman Acquires HW&Co.

In a strategic move to enhance its footprint in the Midwest, Citrin Cooperman has officially acquired HW&Co., an established accounting and advisory firm based in Ohio. This acquisition, announced on February 18, 2025, brings together two firms dedicated to delivering exceptional client service and ensuring growth across various industries.

HW&Co. adds significantly to Citrin Cooperman's strength, bringing along 14 partners and over 140 employees. This infusion of talent and expertise is expected to bolster Citrin Cooperman's capabilities in several sectors including healthcare, nonprofit organizations, real estate, manufacturing, and agriculture.

Alan Badey, the CEO of Citrin Cooperman Advisors LLC, expressed enthusiasm about the merger, stating, "We are thrilled to welcome HW&Co. into the Citrin Cooperman family. Their strong reputation for client success in the Midwest complements our own ambitions and serves to enhance our service offerings." This sentiment underscores the synergistic nature of the acquisition, with both firms sharing a commitment to excellence in their operations.

Brandon Miller, the President and CEO of HW&Co., who will now serve as the Managing Partner of Citrin Cooperman's Ohio offices, remarked on the promising opportunities ahead. Miller noted that the integration into Citrin Cooperman presents both the clients and the team with enhanced access to extensive resources. He reaffirmed their shared commitment to providing personalized services and creating value for their clients.

The acquisition structure follows the norm seen in alternative practice structures, where two different acquisitions take place. Citrin Cooperman Advisors LLC will acquire the non-attest assets, while Citrin Cooperman Company, LLP will acquire the attest assets, illustrating strategic planning in the transaction process.

HW&Co. has a longstanding history of offering a diverse array of accounting and consulting services including audit, tax, and advisory solutions. Their ethos focuses on personalized client service, which aligns well with Citrin Cooperman's core values. By joining forces, both firms aim to leverage their strengths to enhance service delivery and client satisfaction.

Citrin Cooperman, one of the largest professional services firms in the nation, has a strong reputation for combining deep industry expertise with a people-first approach. Recently recognized as #18 on the "Top 100 Firms" list by Accounting Today, their core philosophy centers around integrity, close relationships, and an unwavering commitment to client service.

The merger is expected to create significant value for clients, merging the strategic growth of Citrin Cooperman with HW&Co.'s in-depth regional knowledge. Allan Koltin, CEO of Koltin Consulting Group, who facilitated the deal, emphasized the opportunities that this combination presents. He noted that the collaboration will enhance both firms' prospects and ultimately benefit their clientele by providing them with an enriched spectrum of services.

As both firms move forward with this integration, the primary objective remains clear: to continue providing exceptional service and support tailored to the unique needs of their clients. This acquisition marks a pivotal moment in Citrin Cooperman's trajectory, aiming to achieve ambitious growth while maintaining the same quality of service that their clients have come to expect.