CohnReznick LLP and Ercolini & Company Combine to Form One of the Top Accounting Firms in the Boston Market
Boston, MA - CohnReznick LLP, one of the top accounting, tax, and advisory firms in the U.S., and Boston-based accounting, consulting, and tax firm Ercolini & Company have signed a letter of intent to combine practices, expected to be effective June 30.
The combination brings added bench strength and industry expertise to both firms and more than doubles the size of CohnReznick’s Boston practice, positioning the Firm among the top 15 in the Boston market. Ercolini & Company will be known as CohnReznick. Within the next year, all Ercolini employees will move to CohnReznick’s office at One Boston Place.
Ercolini & Company, founded in 1974, has 54 employees and nine partners and brings expertise that further enhances CohnReznick’s highly successful, national Affordable Housing and Commercial Real Estate Industry Practices. With additional expertise in Higher Education, Hospitality, and other industry sectors, the combination brings new diversification to CohnReznick’s Boston practice as well.
CohnReznick, which has had a presence in Boston since 2008, has 38 employees and six partners in its Boston office. Its Firm-wide resources include dedicated industry practices, specialized assurance, tax, and advisory services, and global reach through Nexia International. The Firm is also an award-winning workplace for its women’s program, flexibility, dedicated Learning and Development department, and community service initiatives.
“This is an exciting move for our firm. Our clients will benefit from the formidable resources that CohnReznick’s national Affordable Housing Industry Practice brings and our employees’ will benefit from considerable new professional development opportunities,” said Michael Tucci, Managing Partner, Ercolini & Company. “In addition, we were very drawn to CohnReznick’s commitment to excellence and partner-level involvement in client service, two core values that we share.”
James Naber, Boston Office Managing Principal, CohnReznick, explained, “What’s going to make this combination work so well is that our cultures are very similar. There are widespread synergies between our two firms that as one firm will have a great impact on our clients, employees, and the Boston community.”
With origins dating back to 1919, CohnReznick LLP is the 10th largest accounting, tax, and advisory firm in the United States, combining the resources and technical expertise of a national firm with the hands-on, entrepreneurial approach that today's dynamic business environment demands. CohnReznick serves a large number of diverse industries and offers specialized services for Fortune 1000 companies, owner-managed firms, international enterprises, government agencies, not-for-profit organizations, and other key market sectors.
Headquartered in New York, NY, CohnReznick serves its clients with more than 280 partners, 2,500 employees, and 26 offices. The Firm is a member of Nexia International, a global network of independent accountancy, tax, and business advisors. For more information, visit www.cohnreznick.com.
About Ercolini & Company
Founded in 1974, Ercolini & Company LLP provides a comprehensive array of auditing, tax, and business consulting services to clients across multiple industries and market segments. Headquartered in the heart of downtown Boston, Ercolini & Company LLP is comprised of about 60 professionals experienced in multiple facets of audit and attestation, tax, and business consulting services.
The firm has a seasoned team of nine partners/principals supported by a stable group of experienced managers. Although serving many New England area companies, the firm also has experience working with clients around the country – as well as around the world. For more information, visit www.recpa.com.