New York-based top 20 accounting firm EisnerAmper said on Thursday it has added Baton Rouge, LA-based top 100 firm Postlethwaite & Netterville in a transaction that is expected to close this summer.
Founded in 1949, P&N has more than 575 team members across the U.S. and nine offices in Louisiana, Texas, and Mississippi. The firms said their core values, quality client service, and integrity made them a good pairing.
“We’re extremely proud to be joining EisnerAmper and to build upon the existing success of both firms. This is an unprecedented opportunity to provide our clients with even more innovative and competitive services and for P&N team members to benefit from additional resources and new opportunities for professional growth,” said Dan Gardiner, P&N’s managing director and CEO, in a statement. “By joining with EisnerAmper, P&N will continue to serve our clients across the Gulf South and U.S. with the added support, resources, and partnership of a top 20 firm with a global presence.”
This combination expands EisnerAmper’s reach into the Gulf Coast region and provides P&N the opportunity for continued growth on a larger geographic scale, the firms said. Once the deal is completed, EisnerAmper will have 30 offices in the U.S., along with one each in London, the Caymen Islands, and Israel, and three in India.
“P&N’s long-standing reputation for excellence in the Gulf Coast and beyond precedes itself. With this one strategic move, we’re adding more than 575 top-talent professionals and further extending deep industry experience in all aspects of our assurance, tax, advisory, and outsourcing practice areas—no small accomplishment,” said Christopher Loiacono, EisnerAmper’s vice chair of services. “We greatly look forward to our historic combination with P&N and the vast opportunities it will afford our clients and staff for years to come.”
EisnerAmper has more than 3,000 employees and 300 partners across the country.
Thanks for reading CPA Practice Advisor!
Subscribe Already registered? Log In
Need more information? Read the FAQs
