NEW YORK--(BUSINESS WIRE)--Leading advisory CPA firm Baker Tilly US, LLP (Baker Tilly) announces its intent to acquire New York-based Margolin, Winer & Evens LLP (MWE), one of the largest regional accounting and business advisory firms in the Northeast. The combination will be effective Nov. 1, 2021.
MWE has been serving New York clients and the greater metro area for 75 years. Their industry expertise in real estate, manufacturing and distribution is a great match with Baker Tilly’s national practices and local teams.
“Metro New York is a strategic market for Baker Tilly positioned for continued growth and investment,” said Jeff Ferro, Baker Tilly Managing Partner – Eastern and Central U.S. “We admire MWE for their deep roots in the community and their longstanding client relationships in New York and beyond.”
“Joining forces with Baker Tilly connects our clients to valuable national resources and relationships,” MWE Managing Partner Craig Savell said. “We chose Baker Tilly for its vision and strategy and the way our firms put people and culture at the center of it all.”
Savell will become Baker Tilly’s managing partner for the New York market, succeeding Christine Fenske who has served in a dual role for the past four years as managing partner of New York and managing partner of the firm’s national financial services practice. Fenske will refocus on leading the fast-growing financial services practice.
Allan D. Koltin, CEO of Koltin Consulting Group, advised both firms on the combination. “Even though M&A is heating up in the accounting profession, deals like this only happen when there’s mutual respect and a shared philosophy around clients and people. MWE was highly sought after by a number of firms, but they chose Baker Tilly because of the clarity and compelling nature of their vision.”
MWE’s 130 team members will continue to serve clients locally and nationally from New York, increasing Baker Tilly’s New York team to nearly 400 professionals.
About Baker Tilly US, LLP (bakertilly.com)
Baker Tilly US, LLP (Baker Tilly) is a leading advisory CPA firm, providing clients with a genuine coast-to-coast and global advantage in major regions of the U.S. and in many of the world’s leading financial centers – New York, London, San Francisco, Los Angeles and Chicago. Baker Tilly is an independent member of Baker Tilly International, a worldwide network of independent accounting and business advisory firms in 148 territories, with 36,000 professionals and a combined worldwide revenue of $4.0 billion. Visit bakertilly.com or join the conversation on LinkedIn, Facebook and Twitter.
About Margolin, Winer & Evens, LLP (mwellp.com)
Margolin, Winer & Evens LLP (MWE) is one of the largest accounting and business advisory firms in the Northeast. Since 1946, MWE has been providing accounting, auditing, tax planning, tax strategies and advisory services. Today, the scope of MWE’s services embraces virtually every industry and market niche.