#USA #Acquisition #Miami #Citrin Cooperman #SWKJD

Citrin Cooperman Strengthens Florida Presence with SWKJD Acquisition

Citrin Cooperman Advisors LLC, a leading professional services firm tailored for private and middle-market businesses, recently announced a significant acquisition that marks its commitment to enhancing its footprint in Florida. The firm has acquired substantially all the assets of Sharff, Wittmer, Kurtz, Jackson Diaz PC (commonly known as SWKJD), based in the heart of Coral Gables, Miami. This strategic move is poised to reinforce Citrin Cooperman’s ability to serve existing and future clients in the vibrant Miami market and beyond.

The Synergy of Two Strong Cultures

The merger between Citrin Cooperman and SWKJD brings together two organizations that are renowned for their deep client relationships, trusted advice, and strong cultural values built on collaboration and personal connection. SWKJD’s team, comprising five partners and over 30 professionals, adds specialized expertise to Citrin Cooperman, particularly in servicing closely-held businesses and high-net-worth individuals.

Alan Badey, CEO of Citrin Cooperman Advisors LLC, expressed enthusiasm for the acquisition, stating, "At Citrin Cooperman, we've always believed that strong firms are built through exceptional people and enduring client relationships. Early in our discussions, it became apparent that SWKJD shares our values concerning trusted advice, client-first service, and cultivating a supportive environment for professionals. We are excited to welcome the SWKJD team and continue growing in Florida with partners who align perfectly with our approach."

Luis Diaz and Joe Jackson, partners at SWKJD, shared their sentiments about the acquisition, emphasizing the intent behind the decision. They stated, "This decision was made with a great deal of care, and with our clients and our people firmly at the center. We were intentional about finding a partner that respects what we've built—our relationships, our culture, and our commitment to personalized service. Citrin Cooperman shares those values genuinely. Joining forces with them will allow us to continue serving clients with the trusted team they know, while gaining access to broader capabilities and new opportunities for growth."

Strategic Partnership with Potential

This acquisition not only signifies growth for Citrin Cooperman in Florida but also reflects the firm’s ongoing strategy to expand its national reach. Known for its dynamic culture and exceptional professional development opportunities, Citrin Cooperman is frequently recognized as one of the best workplaces in the U.S.

The structure of the transaction includes Citrin Cooperman Advisors LLC acquiring certain non-attest assets, while Citrin Cooperman Company, LLP will acquire certain attest assets from SWKJD. This distinction is important as it aligns with the prevailing standards of the industry and ensures transparency and compliance.

About SWKJD and Citrin Cooperman

SWKJD has distinguished itself as a trusted accounting and advisory firm within the Miami landscape, known for its hands-on approach and personalized tax, accounting, and advisory services to privately held businesses and wealthy individuals. Their reputation for long-standing client relationships and customized solutions has made them a favorable choice for many.

Citrin Cooperman stands as one of the nation's premier accounting and advisory firms, lauded for its dedication to private and middle-market businesses, and high-net-worth clients. With a headcount of over 3,300 professionals across various offices, the firm maintains a commitment to outstanding client service and professional excellence, which has increasingly fueled its strategic growth. As an independent member of the Moore North America, Inc. Association, Citrin Cooperman is part of a global network, adding further value to its clients through extensive resources and expertise.

In conclusion, this acquisition is a significant move for Citrin Cooperman as it underscores their commitment to growth and excellence in servicing clients effectively in Florida, ensuring they continue to deliver exceptional service and exceeding expectations in the ever-evolving business landscape.