LGSH LLP Joins Citrin Cooperman

New York-based Citrin Cooperman (FY18 net revenue of $277 million) has acquired LGSH of Encino, Calif., marking the continuation of the firm’s expansion into Southern California.

As one of the largest CPA firms in the San Fernando Valley, the deal provides Citrin Cooperman with 10 additional partners and 55 staff. Steve Lacher and Daniel Howard will join as co-MPs of the Encino office and Howard will join the firm’s executive committee.

LGSH provides tax, audit, litigation support, business management and consulting services to clients in a variety of industries including, but not limited to, real estate, entertainment, manufacturing, distribution, technology, professional services and agriculture. Their clients consist of global companies, attorneys, doctors, entertainment executives, established companies and emerging businesses.

“We look forward to continuing LGSH’s long history of providing innovative, strategic client service,” says Citrin Cooperman CEO Joel Cooperman in a statement. “We have completed three deals in this market in 2019 and added over 100 professionals with over $25 million in annual revenue. We can now provide clients in this market will a full menu of accounting, tax and business management services as well as a full suite of complementary consulting services.”

“Like LGSH, Citrin Cooperman is known for their commitment to their clients and investment in their people, and we know our core values are aligned,” Lacher and Howard say in a joint statement. “Joining Citrin Cooperman was a decision we made not only because of similar cultures and philosophy but also because we wanted to expand the resources we collectively can offer for the benefit of our clients and our people.”

Allan D. Koltin, CEO of Koltin Consulting Group, who advised both firms on the deal, says, “For years, LGSH has been recognized in Southern California for being accomplished, creative and most importantly, trusted by their clients and peers. With their established reputation and experience, combined with Joel and his team, Citrin Cooperman is positioned to become an undisputed leader in the West Coast market.”

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