San Francisco-based Lautze & Lautze CPAs & Financial Advisors has merged into New York-based Marcum LLP (FY14 net revenue of $385.4 million) effective June 1.
Lautze & Lautze provided audit, tax and consulting services to individuals, California businesses and non-profit organizations for more than 70 years. Industry specialties included real estate, professional services and manufacturing, and a particular expertise in private schools and private foundations. The firm adds 60 professionals, including four partners, to Marcum’s California region.
“Lautze & Lautze has a history of professional excellence and long-standing client relationships that naturally complements Marcum’s business,” says Jeffrey Weiner, MP. “We welcome the entire Lautze & Lautze team to the firm. We look forward to leveraging our combined resources to improve and expand services to our clients, and to partnering in our continued mutual growth and success.”
Allan Koltin, CEO of Koltin Consulting Group, who advised both firms on the merger commented, “Marcum continues to show its commitment to expanding in California and their merger with Lautze should make them a major player in the Bay area. With this merger they are now over $50 million in California and I wouldn’t be surprised to see another merger or two from Marcum here in the next year.”