CMM congratulates our clients and friends at Markowitz, Fenelon & Bank, LLP (MFB), the accounting firm recognized for its personal approach to clients on Long Island’s East End, as the firm joins New York accounting and advisory firm Friedman LLP as of January 1, 2020. CMM’s Joe Campolo, with assistance from Senior Associate Vincent Costa, represented MFB during the negotiation process.

From offices in Riverhead and Bridgehampton, MFB has provided tax, audit, accounting, and advisory services to high-net-worth individuals, family offices, closely held businesses, and nonprofit and government entities for over 60 years. With this union, top-40 accounting and advisory firm Friedman will operate 13 locations with a roster of partners and staff of approximately 600. The integration of MFB’s expertise will strengthen Friedman’s core capabilities across practice areas and expand the firm’s presence on Long Island. Inside Public Accounting recently recognized Friedman among the top ten fastest growing accounting firms in the U.S. based on organic growth.

“By joining Friedman, we will be able to offer a broader and more sophisticated range of services, including dedicated practice groups with specialized expertise in areas like international tax, cybersecurity and digital currency, among others,” said MFB Partner Tom Terry.

CMM has become the premier choice for partners of professional service firms exploring upstream mergers, spinoffs, and new opportunities, handling such matters with the utmost confidentiality and professionalism. Learn more here.