IPA 200 Firm Merges Into Marcum

Needham, Mass.-based Braver PC (FY12 net revenue of $24.3 million) has merged into New York-based Marcum (FY12 net revenue of $275 million). Three Braver divisions, including accounting, business strategies and valuation services, joined Marcum Jan. 1. Fourteen partners and more than 100 staff are now part of Marcum, which has six New England locations.

“Braver’s deep experience and broad services capability in the private sector complement Marcum’s strengths both regionally and nationally and bring significant additional expertise to our organization,” says Marcum MP Jeffrey Weiner.

Dennis Pellecchia, who was chairman, president and CEO of Braver, is now PIC of Marcum’s new office in Needham, Mass. “Marcum’s national presence and extensive resources offer an opportunity for Braver to greatly expand the services we are able to offer our clients, while giving us the opportunity to integrate our experience into the service mix for Marcum clients,” Pellecchia says. “Our integration with Marcum also provides significant opportunity for growth and professional development for our staff.”