The accounting and business consulting firm of Prager Metis CPAs, LLC, has completed a merger with Polakoff & Michaelson, CPA, P.C., a boutique accounting firm based in New York City, which focuses on Family Office Service.
The combined firms, with offices in the U.S. and London, will offer a wider breadth of services to family office entities and high-net worth individuals as well as accounting services.
“They are more than just clients, they’re like our family,” said Craig Michaelson, the Chairman and CEO of P&M, which was founded more than 75 years ago. He said that P&M is often commended because the team works very closely with their clients to learn about their lives and care for their issues.
“We are thrilled to be joining such a dynamic firm with Los Angeles, London and New York offices, and their additional services and technological capabilities,” he added. “They provide the depth and scale that we were looking to provide for our clients.”
“We are very excited with their addition of Polakoff & Michaelson,” says Glenn Friedman, Co-Managing Partner and Partner-in-Charge of M&A for Prager Metis CPAs, LLC. “We wanted to expand our service capabilities by increasing our family office services. Polakoff & Michaelson’s bring a tremendous breadth of experience as well as a shared value of hands-on client service. It is the perfect fit.”
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Tags: Mergers and Acquisitions
