Emerging Industries

    CohnReznick’s Emerging Industries practice focuses on fast-growing, entrepreneurial, middle-market companies operating in industries that are disrupting traditional business thinking and providing innovative solutions to everyday challenges. We combine our industry focus with an understanding of business, operational, accounting, and tax issues facing rapidly expanding companies to support their growth and bring real-time solutions to our clients. Whether its audit and tax compliance, developing strategies for domestic and international expansion, planning for a liquidity event, or improving internal processes, our professionals have the industry knowledge and technical skills to identify opportunities and resolve complex issues. Our experience serving privately held, venture capital, and private equity-backed and publicly traded companies at each stage of their life cycle allows us to provide resources and integrated solutions to address a wide range of issues and challenges.

    Technology and media

    Technology and media companies are vital components of the U.S. economy. These visionary businesses provide innovative products and services, create new jobs, strive to make a frictionless environment, and are growing aggressively. Their vision for growth often requires significant infusions of capital, the ability to attract, retain, and incentivize talent. They must also develop processes and internal controls to address the concerns of investors and regulators. Customer acquisition and servicing, while charting expenses and identifying new areas for growth, create significant challenges for management teams. Industry segments we serve include:

    - Software, Software as a Service, and technology-enabled services

    - Fintech

    - Digital media

    - Cybersecurity

    - Gaming and entertainment

    - Internet-related services and social media

    Life sciences

    Life sciences organizations face myriad financial, operational, regulatory, and capital-raising challenges. Managing growth, raising capital, or planning for a future product launch requires advisors who understand your industry and how you do business, and also have the resources to proactively address these business needs and goals.  CohnReznick provides a range of services that help improve financial reporting and operational efficiency and minimize tax obligations. Industry segments we serve include:

    - Biotechnology

    - Diagnostics and therapeutics

    - Medical devices

    - Contract research organizations

    - Healthcare IT

    Renewable energy

    Today’s renewable energy industry faces a variety of regulatory, capital, and compliance challenges.  Sustainability has become an integral component of corporate business plans. CohnReznick’s Renewable Energy practice boasts a national team of highly experienced professionals with extensive industry credentials. Our knowledge of the rapidly changing and nuanced industry landscape, along with our ability to address capital market needs, allows us to proactively address our clients’ issues and needs. We provide services to financial institutions, infrastructure funds, strategic participants (independent power producers  and utilities), and leading global clean-energy developers. Industry segments we serve include:

    - Wind and solar

    - Storage

    - Cleantech

    - Utilities


    This nascent industry faces significant regulatory challenges and is poised to continue to expand and establish itself as a major domestic and global industry. Cannabis companies need advisors who can apply industry knowledge with technical skills to help businesses comply with changing regulations, demonstrate transparency to investors, develop the business and technology infrastructure to support rapid growth, and prepare for a future liquidity event if desired. We provide services to multistate operators, investors, public and private companies, real estate investment trusts, and private equity funds. Industry segments we serve include:

    - Medical

    - Adult use

    - Hemp

    - Cannabidiol

    Subject matter expertise

    • alex castelli
      Contact Alex Alex+Castelli Alex.Castelli@CohnReznick.com
      Alex Castelli

      CPA, Managing Partner, Emerging Industries

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    This has been prepared for information purposes and general guidance only and does not constitute legal or professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is made as to the accuracy or completeness of the information contained in this publication, and CohnReznick LLP, its partners, employees and agents accept no liability, and disclaim all responsibility, for the consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.