Citrin Cooperman Ranked Among Inc. Magazine's Fastest-growing Private Companies
Accounting, Tax and Business Consulting Firm Grew 72 Percent between 2006-2009
- Philadelphia, PA-NJ (1888PressRelease) September 08, 2010 - Citrin Cooperman & Company, LLP, was recently ranked among the fastest growing private companies in the U.S. by Inc. Magazine, a leading magazine for entrepreneurial businesses, in its fourth annual 5,000 Fastest Growing Private Companies report.
Citrin Cooperman, a leading accounting and business consulting firm ranked 2958th based on revenue growth of 72 percent when comparing 2006 to 2009. The firm grew from $47.4 million to $81.5 million during that period, and expects its 2011 billings to exceed $100 million. According to Inc., Citrin Cooperman was the 148th fastest growing firm in the magazine's broad "financial services" category, which includes accounting firms, brokerages, lending services and technology firms serving the financial industry.
It was the first time the firm was included in Inc.'s rankings, which represents the most comprehensive look at the most important segment of the economy - America's independent-minded entrepreneurs.
The firm has consistently been one of the fastest-growing accounting and business consulting firms in the U.S., ranked by the accounting media. With offices in four states, Citrin Cooperman added Brian J. "BJ" Hoffman, CPA, CFE and Michael J. Kline, CPA, MST, formerly shareholders with Shechtman Marks Devor PC, as partners in August 2010. In 2009, Chris Hegarty and the partners from Carrow, Doyle & Associates also joined as partners. In addition to staff, the firm has significantly expanded its service offerings over the last three years, with the addition of partners in Citrin Cooperman Wealth Management; SALT Link (state and local tax services); SEC Solutions Group, LLC; Valuation & Forensic Services Group; and the firm's Private Client Group serving entertainment, media and high net worth clients, among others.
"We began an aggressive growth plan in 2000, when we had revenues of $18 million, and set out to expand the services we offer our clients to meet their growing needs," said Joel Cooperman, the firm's co-founder and managing partner. "We're extremely proud of our ability to continue to successfully grow and improve our service expertise given challenging economy."
The firm now employs 85 partners and more than 240 professionals.
About Citrin Cooperman & Company, LLP
Citrin Cooperman was co-founded in 1979 by Philadelphia native, Joel Cooperman and his colleague Niles Citrin, both fledgling accountants and entrepreneurs at the time. Today, the top 31 mid-size firm provides full-service accounting, tax and consulting solutions to businesses of all sizes. Citrin Cooperman specializes in helping entrepreneurs reach their business goals and prides itself on providing individualized attention, high quality services and proactive solutions at competitive rates. Recently ranked among the best places to work by industry and business publications, Citrin Cooperman has offices in Philadelphia, New Jersey, New York and Connecticut. For more information, go to www.citrincooperman.com.
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