Citrin Cooperman Acquires Joel Popkin & Co.

New York-based Citrin Cooperman (FY14 net revenue of $173 million) has announced that Joel Popkin & Co., a boutique accounting, tax and consulting firm in Washington, D.C., joined the firm effective Nov. 1.

Popkin arrives with what Citrin Cooperman termed “a significant specialty in restaurants, nightclubs and event venues,” the Fairfield County Business Journal reported.

The addition will add approximately 25 new employees to Citrin Cooperman and, coupled with the firm’s existing restaurant industry clients, will make it one of the largest accounting practices in restaurant and hospitality services in the U.S., the firm says.

Roy Tumpowsky, MP of Joel Popkin & Co., will join Citrin Cooperman’s Nick Florio and Stacy Gilbert as co-chairperson of the expanded firm’s restaurant and hospitality practice.

“We continually strive to bring in great people with great clients and we feel the partners and staff of Joel Popkin are a perfect fit,” Joel Cooperman, Citrin Cooperman’s CEO, says. “The strong synergies between us and the partners and staff of Joel Popkin & Co. will allow us to significantly enhance the full range of services for our clients.”

Apart from food and hospitality, Popkin’s clients include entrepreneurial startups and large multinationals spanning the likes of construction, real estate, trusts and nonprofits and high-net-worth individuals.

“Together, we can leverage the strength of our teams and provide our clients with more in-house comprehensive accounting, tax and consulting services that they can utilize to help their businesses grow,” Tumpowsky says.