Marks Paneth Acquires New Jersey Accounting Firm

New York-based Marks Paneth LLP (FY13 net revenue of $96.6 million) has acquired Fischer Barr & Wissinger LLC of Parsippany, N.J., effective Feb. 1.

Fischer Barr & Wissinger focuses on tax planning, business and medical practice valuation, litigation support, accounting, auditing and consulting services. Its international tax and high-net-worth capabilities enhance the already strong expertise Marks Paneth offers its clients in these areas of specialization. The firm now operates under the Marks Paneth name.

“We are delighted to bring on the expertise that Fischer Barr & Wissinger has become known for. Our combined client base will benefit from the deepened bench strength of experience,” says Mark Levenfus, MP of Marks Paneth.

The acquisition also adds expertise to Marks Paneth’s valuation practice. Eric Barr, a founder and co-managing member of Fischer Barr & Wissinger, has been named PIC of the valuation practice, part of Marks Paneth’s litigation and corporate financial advisory services group. He will advise clients on business valuation disputes relevant to economic damages, mergers and acquisitions, and changing regulatory requirements in the health care industry.