CohnReznick expands Texas presence
NEW YORK, NY – December 21, 2020 – CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, has placed strategic priority on growing its client service teams across Texas and the Southwest, strengthening its Austin and Houston offices and expanding its Dallas presence.
The firm’s strategic prioritization of Texas is driven by recent market developments. Several industry giants across multiple sectors, including technology, commercial real estate, pharmaceuticals, and financial services made headlines recently about relocating to Texas. The state is also seeing increased demand for support with restructurings and turnarounds as low energy commodity prices have created a crisis.
“In these uncertain and evolving market conditions, business leaders want support in making difficult decisions with imperfect information,” said CohnReznick CEO David Kessler. “As Texas is experiencing growth in some industries and distress in others, we believe our teams can make a real difference in helping these organizations maximize growth, optimize performance, and manage risk.”
While serving Assurance and Tax clients across Texas for many years, CohnReznick has been steadily growing its Advisory teams in Texas as well. From transactions to turnarounds to performance improvement to emergency management, a growing number of Texas clients rely on CohnReznick’s expertise with strategy, technology, innovation, and risk management.
In addition to its functional expertise, CohnReznick delivers insightful industry knowledge in sectors critical to the Texas economy, including energy, technology, healthcare, government, hospitality, and commercial real estate. The firm supports executives, lenders, and investors such as private equity firms, hedge funds, independent sponsors, and family offices.
“As we all move forward in 2021, our teams are focused on helping clients further adapt to this new playing field,” said Gary Levy, CohnReznick Chief Strategy & Growth Officer. “More than ever, businesses in Texas and across the country want to be ready to capitalize on opportunity when it presents itself. For many, this comes down to accessing the resources that will help them address significant challenges from pandemic-related disruption. We are committed to meeting the unique needs of businesses in Houston, Austin, Dallas and across the state.”
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