Kaufman, Rossin & Co. Expands Presence In Florida

Miami-based Kaufman, Rossin & Co. (FY11 net revenue of $51.2 million) acquired Friedman, Cohen, Taubman & Co. (four partners) of Plantation, Fla., to increase the firm’s presence in Broward County, Fla.

“Our driver has been internal growth,” says Jim Kaufman, MP and CEO KS&Co. “When we see firms that are so perfectly aligned with us, we are interested,” he says.

According to news releases, no money is changing hands. Friedman will cease to exist and its 15 employees will officially join Kaufman on June 1, Kaufman said in a statement. With the takeover, the expanded firm will have 315 employees.

Partners Ronald Friedman and Andrew Taubman will join Kaufman as principals along with partners Lynn Brewer and Joel Galpern.

“Friedman is one of the principals who grew up as a young man here,” Kaufman said. “This was his first job, and he was with the firm for several years. He knew the culture, and I think this is why they approached us.”

Friedman focuses his practice on computer consulting, financial statement audits, securities work and entrepreneurial client matters.

“We are developing our Broward presence, and we saw this as a complement to our commitment in Broward  County,” Kaufman says. “They aren’t being acquired by us,” Kaufman says, “The way we structured this is that there’s a group transitioning over to the firm joining as employees in various capacities.”

Kaufman is a 50-year-old firmwith offices in Miami, Fort  Lauderdale, Boca Raton, New York, Boston, Dallas, San Francisco and the Cayman Islands.