Tuesday, July 17, 2007

Marcum & Kliegman Slates Acquisition

New York-based Marcum & Kliegman LLP said it signed a letter of intent to acquire the CBIZ/Mayer Hoffman McCann accounting and tax practice in New York City.

If approved at corporate level, Marcum & Kliegman will add 17 professionals and $3.5 million revenue. The combined firm would have about 400 staff, including 40 partners, and $100 million revenue.

Marcum & Kliegman says it ranks 24th among U.S. accounting firms, citing Public Accounting Report, and 7th in the Northeast according to Accounting Today.

CBIZ is a publicly traded firm active in a wide range of business services, from consulting to accounting, tax, benefits, insurance and medical practice management.

Marcum & Kliegman LLP to acquire CBIZ / Mayer Hoffman McCann in New York City [Press release]

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