Grassi & Co. Admits Leonard Carone as Partner in Franchise Services

Leonard Carone

New York-based Grassi & Co. (FY17 net revenue of $60.8 million) has announced that Leonard Carone has been admitted to the partnership.

Carone brings more than 25 years of public and private experience to the firm and specializes in the franchise industry, specifically high-net-worth individual owners. He provides strategic advice and tax planning to assist them in maximizing their profitability and growth potential.

Prior to joining Grassi Franchise Services, Carone worked in a New York-based CPA firm and has served as a CFO in the telecom industry.

“Leonard has a powerful reputation within the franchise community of providing value and has successfully assisted with the closing of multiple franchise sales to private equity groups,” says James Bohl, president of Grassi Franchise Services. “His abilities earned him the right to distinguish himself as one of the leaders of Grassi Franchise Services.”