Top 100 Firm Prager Metis CPAs has combined with Syosset, N.Y.-based S.A. Koenig Associates CPAs. The combination was official Oct. 1.
Terms of the deal were not disclosed. S.A. Koenig managing partner Steven Koenig and partner Donna Disclafani will join Prager Metis as partners; the rest of their team will also be joining the larger firm. For the moment, they will be retaining their office in Syosset; Prager Metis also has an office in nearby.
Prager Metis offices
Courtesy of Prager Metis
S.A. Koenig provides tax, accounting and auditing, consulting and wealth management services to a range of clients, ranging from construction companies and real estate companies to benefit plans and labor unions.
Prager Metis ranked No. 53 in Accounting Today’s 2018 Top 100 Firms list, with $84 million in 2017 revenue. It has 61 partners, over 400 staff, and 10 offices, including locations in Europe and Asia.
“We welcome their addition,” Jerry Eitel, managing partner of Prager Metis’ Long Island office, in a statement. “We’re excited that this merger enables us to continue to provide excellent, personalized service to the diverse businesses and individuals throughout Long Island.”
“We are excited to join a firm whose philosophy and culture we share,” Koenig said in a statement. “Prager Metis has a level of expertise and a growing reputation that is unique for an accounting firm of its size.”
“We feel it is a perfect fit for our firm,” Disclafani added. “We are truly very excited to join the Prager Metis team.”
Phil Whitman of Whitman Business Advisors facilitated the deal.