EisnerAmper, a Top 20 Firm based in New York, has expanded in Texas by merging in Goldin Peiser Peiser, a firm headquartered in Dallas.
GPP provides audit, tax and advisory services to clients in the health care, manufacturing, distribution, real estate, construction, and other sectors. The firm has been named the 20th largest CPA firm in North Texas and one of the top 11 accounting firms in Dallas. It dates back to 1994 and has eight partners and 77 staff members.
The deal represents a further expansion for EisnerAmper after doing few deals in the past six months. Accounting firms have been announcing a slew of MA deals since the start of the year, indicating fresh activity in the market after the COVID-19 pandemic slowed dealmaking in the first half of last year.
“We’re thrilled to have the partners and staff of GPP join us,” said EisnerAmper CEO Charly Weinstein in a statement Tuesday. “They have such a stellar reputation in Texas and well beyond. We’re always looking to add highly talented professionals who enhance our client service capabilities. This combination advances our growth strategy in the dynamic Texas region.”
Financial details of the deal were not disclosed. EisnerAmper ranked 18th in Accounting Today’s 2020 list of the Top 100 Firms, with $380.6 million in annual revenue.
“Everyone at GPP is very excited about joining EisnerAmper, a firm whose values mirror the values of GPP. This is a great opportunity for our firm and clients to benefit from the full menu of services EisnerAmper offers,” said GPP managing partner Allan Peiser in a statement.
Last May, EisnerAmper added Compensation Resources, Inc., a compensation consulting firm based in Upper Saddle River, New Jersey, to its consulting practice. In January 2020, EisnerAmper added another firm in New Jersey, Horvath Giacin.
Koltin Consulting Group Allan D. Koltin advised both EisnerAmper and GPP on the latest deal. “As one of the most prestigious firms in Dallas, GPP really admires EisnerAmper’s strategy, culture, leadership and growth,” he said in a statement. “This combination makes sense on so many levels and, ultimately, represents a big win for the clients of both firms.”