Top 25 accounting firm Citrin Cooperman has acquired Mibar, a business software consulting firm based in New York City.
Financial terms of the deal weren’t disclosed. Mibar joins New York City-based Citrin Cooperman with 30 employees and more than $12 million in revenue.
The acquisition of Mibar broadens Citrin Cooperman’s advisory service offerings and enhances its position in the market, the firm said. It expands Citrin Cooperman’s digital services practice, which is led by Managing Partner Eric Casazza. In addition, Mibar’s expertise in enterprise resource planning and customer relationship management software, business intelligence, artificial intelligence, and NetSuite and Microsoft technology solutions complements Citrin Cooperman’s existing services, allowing the combined firm to provide a wider range of offerings and deeper industry knowledge to clients across the board.
“This acquisition represents a strategic growth opportunity for us as Mibar brings a wealth of experience and a strong reputation in business software solutions,” Citrin Cooperman CEO Alan Badey said in a statement. “We’re excited to welcome Mibar’s team of talented professionals and deliver our robust portfolio of services, innovative solutions, and greater value to our collective clients.”
Bart Nachimow, president and CEO of Mibar, added, “Joining Citrin Cooperman has been an exciting opportunity for us and our clients, who can look forward to access to a broader set of resources and expertise.”
This is the second acquisition for Citrin Cooperman in as many weeks, following its addition of Coleman Huntoon & Brown, a Chapel Hill, NC-based tax, accounting, and business consulting firm.
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