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
- Digital media
- Gaming and entertainment
- Internet-related services and social media
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:
- Diagnostics and therapeutics
- Medical devices
- Contract research organizations
- Healthcare IT
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
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:
- Adult use
InsightAccounting primer for C&I renewable energy buyersMost commercial and industrial buyers of renewable energy use a contract structure known as a virtual Power Purchase Agreement (“vPPA”), which exposes them to significant financial volatility, driven by commodity prices, project performance, and the weather.
InsightWayfair, a game changer for cannabisWhen you think of Wayfair, you might think of furniture and home goods, but Wayfair also has made its way into the cannabis sector. What’s the connection?
InsightQ & A: An inside look at Canada’s public marketsDue to limitations in accessing capital from U.S. banks and public markets, cannabis companies operating in the U.S. are increasingly listing on Canadian exchanges.
InsightFinancing considerations for commercial solar into 2020 and beyondThe commercial solar business is flourishing. Various purchasers are coming together to complete projects, and more communities are developing solar projects. Yet, despite the economic benefits, commercial solar is financially challenging.
On-demandHow Renewables Can Get Into The Zones – The Opportunity ZoneJoel Cohn, Britta Von Oesen, John MarcianoPotentially one of the most beneficial tax incentives in decades, Opportunity Zones might be a boon to the rapidly changing renewable energy industry, particularly given looming ITC and PTC step-downs. However, complex IRS requirements, a tight investment deadline (12/31/19), and a long vesting period (7-10 years) to reap maximum tax benefits make it especially challenging for investors and developers to leverage this opportunity.