Country / Language

CohnReznick LLP and Watkins Meegan LLC Complete Combination


11/10/14

Bethesda, MD – CohnReznick LLP, one of the top accounting, tax, and advisory firms in the U.S., and Bethesda-based accounting, tax, and consulting firm, Watkins Meegan LLC, today announced the completion of their combination. This brings added bench strength to both firms, bolsters CohnReznick’s position as a leading firm in the Washington-Metro area, and allows for the geographic expansion of Watkins Meegan’s Government Contractors Practice. With the combination, CohnReznick estimates Firm-wide 2014 revenues of $575MM.

Founded in 1975, Watkins Meegan has 200 employees with 13 partners and is ranked among the top 100 firms in the country with revenues of approximately $40M. With offices in Bethesda, Tysons Corner, Herndon, and Annapolis, the firm has considerable strength in serving government contractors, the real estate and construction industries, as well as the not-for-profit and hospitality industries. Mike Micholas, Watkins Meegan’s Managing Partner, will now serve as Co-Regional Managing Partner—Mid-Atlantic for CohnReznick along with Gary Perlow.

CohnReznick now has offices in 28 cities, including five in the D.C.-Metro area that are home to 800 employees. Firm-wide headcount is now 2,750 with nearly 300 partners. Its national 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 recognized for its women’s program, flexibility, dedicated learning and development department, and community service initiatives.
 
“In moving forward as CohnReznick, we are very excited about our ability to serve our clients and our employees now and in the future,” said Micholas. “CohnReznick’s formidable Commercial Real Estate, Construction, Not-for-Profit, and Hospitality Industry Practices, as well as their expertise in private equity and capital formation advisory services, will provide valuable resources to our clients. And our employees will find greater opportunities for learning and growth as part of a larger organization.”

Ken Baggett, Co-CEO of CohnReznick stated, “We are continually looking at quality firms whose specialties complement our own. Watkins Meegan is a firm we have known for a number of years and have admired from a distance. We are very pleased about the synergies created by this combination.”

“Both firms sought a partner with the same core values, particularly a commitment to technical excellence and superior client service. When you have that, along with complementary experience and expertise, you know you will make a positive impact on your clients, your employees, and your community,” added Tom Marino, Co-CEO of CohnReznick.

This is the second combination of the year for CohnReznick. Boston-based Ercolini & Co. joined the Firm in July, doubling the size of the Boston office. Complementing organic growth through strategic combinations as well as key lateral hires will continue to be part of the Firm’s growth strategy in the year ahead.

Search Our People

Search Our People

Look ahead. Gain insight. Imagine more. Is your business ready to break through?

View our new TV commercial..

Industry Outlooks

Industry Outlooks

Gain insight into what is ahead for the Commercial Real Estate, Technology and Middle Market Private Equity industries.

READ MORE

Learn about our upcoming events.

READ MORE

Working With Us

Working With Us

What makes CohnReznick different from others in our profession? And what should our clients come to expect when working with us? The answer is The CohnReznick Advantage. Contact us to learn how we can out the CohnReznick Advantage to work for your business.


People

The value of an organization is determined by the skills and qualities of its leaders. With more than 280 partners serving clients nationwide, CohnReznick is renowned for the diverse experiences, knowledge and backgrounds of its leadership.

Learn More

Services

We align our services in three segments: Accounting and Assurance, Tax, and Advisory. This approach allows us to provide holistic solutions to complex business problems and to seize upon opportunities requiring an integrated approach.

Learn More

Industries

Accounting and tax issues different significantly based on an organization's industry. We provide clients with expertise in nearly two dozen industries – we know the opportunities, the obstacles, the competitive landscape.

Learn more

Insights

CohnReznick professionals are thought leaders in their industries. Clients benefit from relevant and timely economic, legislative and industry insights that can keep them a step ahead of competition.

Learn More

Global Reach

Our involvement in the Nexia International network of firms enables us assist our clients wherever they do business-providing local expertise and connections wherever they needed. Nexia is comprised of 20,000 professionals operating in over 100 countries.

Learn More