Citrin Cooperman Acquires Ostrow Reisin Berk & Abrams (ORBA)

Citrin Cooperman has acquired Ostrow Reisin Berk & Abrams (ORBA) for an undisclosed amount. This corporate transaction represents Citrin Cooperman's strategic move to expand its advisory, tax, and assurance services. This is an acquisition where Citrin Cooperman has bought ORBA, not a funding round for either company.

ORBA, consistently voted as one of the Top 25 Accounting Firms by Crains, is a certified public accounting and financial advisory firm. It specializes in building meaningful, one-on-one relationships with small to mid-sized organizations, providing audit, tax, consulting, wealth management, and transaction advisory services. The firm serves diverse industries including dental, healthcare, real estate, manufacturing, not-for-profit, and sports & entertainment, operating from its offices in Chicago, Oak Brook, and Salt Lake City. Citrin Cooperman is a prominent advisory, tax, and assurance firm, providing comprehensive financial and business solutions to a diverse client base.

The acquisition is strategically significant for Citrin Cooperman, aiming to enhance its geographic reach and deepen its industry-specific expertise, particularly in ORBA's strong markets. This move will integrate ORBA's established client relationships and specialized service offerings, such as its robust Family Office Services and Cloud CFO capabilities, into Citrin Cooperman's existing portfolio. Expected synergies include a broadened service spectrum for clients, an expanded talent pool, and the ability to leverage combined resources to provide more comprehensive and integrated solutions across an array of complex financial needs.

The combined entity is positioned to strengthen its presence in key markets and serve an even wider range of businesses and individuals. By integrating ORBA's proactive, relationship-focused approach with Citrin Cooperman's broader resources, the acquisition aims to create a powerful, unified firm capable of delivering enhanced value and innovative solutions to its clients for today and future generations.