Cohen & Co's Newest Acquisition: A Strategic Step Forward
Cohen & Co has made a significant move in the accounting and tax landscape by acquiring Gioffre & Company, LLP, a well-respected firm with over fifty years of experience in the industry. This acquisition is poised to enhance Cohen & Co's capabilities and broaden its service offerings across various sectors in the financial realm.
The Legacy of Gioffre & Company, LLP
Gioffre & Company, known for its dedication to outsourced accounting, financial reporting, and tax services, has built a solid reputation throughout its years of operation. The firm was established by Anthony Gioffre, who served as its managing partner, and comprises a talented team of five dedicated professionals. Their extensive knowledge extends to both public and large private company clients, ensuring that they deliver top-notch service consistently.
The Collective Vision Behind the Acquisition
Words from Leadership
Marcy Kempf, a key partner at Cohen & Co, expressed enthusiasm about the acquisition, highlighting the strategic advantages it brings. "Through our many discussions with Anthony, we have gained tremendous confidence in the strategic, positive impact this will have on our firm. Adding such a talented team will help us continue to enhance and expand our CFO support, financial reporting, and tax provision services, delivering tailored solutions to meet the needs of our clients and their investors," she stated.
Looking Ahead with Gioffre
Anthony Gioffre himself shared his excitement about the transition to Cohen & Co. He emphasized the intention behind this move as a way to provide enhanced service and longevity for both clients and employees, ensuring they are part of a highly respected firm within the industry.
Cohen & Co's Commitment to Excellence
The addition of Gioffre and Company reinforces Cohen & Co's promise to deliver high-quality assurance, tax, and advisory solutions. The firm is focused on reflecting the diverse business needs that arise within the dynamic New York Tri-State area. The Westchester office of Gioffre enhances Cohen & Co's growing network of strategic locations geared towards providing exceptional service both locally and nationally.
Legal Counsel in the Acquisition
Throughout this acquisition process, Cohen & Co was advised by Calfee, Halter & Griswold LLP, showcasing the professional support behind this transaction. Notably, this marks the third strategic acquisition for Cohen & Co in 2025, preceding the integrations of Tax & Wealth Management, Inc. and Tassi and Company earlier in the year. Each acquisition symbolizes the firm's continued growth and its commitment to enhancing service delivery.
About Cohen & Co
Cohen & Co has earned a well-deserved reputation as one of America’s most recommended tax and accounting firms, as recognized by prominent publications. The firm, known for its assurance, tax, and advisory services, serves a myriad of clients from privately held businesses to Fortune 1000 multinational enterprises. Founded in 1977, Cohen & Co boasts a team of over 800 professionals across 15 offices in various states, including Colorado, Ohio, and Pennsylvania. This widespread presence confirms their ability to cater to clients' needs effectively and efficiently.
Cohen & Co operates under a unique structure that distinguishes its advisory service from traditional CPA functions, enabling a wider range of services to be offered to clients. This strategic positioning allows them to combine expertise with innovative solutions, setting them apart in the competitive accounting landscape.
Frequently Asked Questions
What is the significance of Cohen & Co acquiring Gioffre & Company?
This acquisition enhances Cohen & Co’s service offerings, allowing them to provide improved support and solutions to clients while reinforcing their presence in the market.
Who is Anthony Gioffre?
Anthony Gioffre is the founder and former managing partner of Gioffre & Company, known for his leadership and dedication to providing high-quality accounting services.
What areas does Cohen & Co serve?
Cohen & Co serves clients throughout the U.S. and globally, catering to a diverse range of businesses, including private companies and large multinational organizations.
How many professionals does Cohen & Co employ?
Cohen & Co employs over 800 dedicated professionals, reflecting its commitment to delivering exceptional service to clients.
What is the history of Cohen & Co?
Founded in 1977, Cohen & Co has built a solid reputation in the accounting sector and has expanded significantly, aligning its services with the evolving needs of its clients.
