Search Results for: Cannabis

CohnReznick Elects 12 New Partners, Advances Four Others to New Leadership Roles

New York-based CohnReznick (FY19 net revenue of $653 million) has admitted 12 professionals to its partnership ranks. Additionally, CohnReznick has elevated four veteran partners to new leadership positions within the firm.

The newly elected CohnReznick partners are:

  • Sedic Ampanas – advisory, New York
  • Yelena Belaks – tax, New York
  • Matthew Derba – national assurance, New York
  • Melissa Ferrucci – assurance, Hartford, Conn.
  • Kevin Gokey – assurance, Stamford, Conn.
  • Sean Granat – tax, New York
  • Jeff Hollman ­– assurance, Los Angeles
  • Daniel Levin – tax, New York
  • Karin Ludquist – assurance, Baltimore
  • Vincenzo Toppi – advisory, Roseland, N.J.
  • Natalie Tronkina – advisory, Los Angeles
  • Jason Zimmerman – assurance, New York

Those named to new leadership roles include:

Ira Weinstein becomes managing principal of real estate and cannabis industries, with the responsibility for firm growth in these industries. Scott Szeliga succeeds Weinstein. He is an expert in new markets tax credits, renewable energy and multi-family housing.

Bill Pidgeon and Marc Wolf, assurance partners, have been named co-leaders of CohnReznick’s financial services practice. They succeed Jay Levy, who recently took over as OMP in New York.

“Every day, each of these outstanding individuals shows both our clients and our firm what world-class client service is all about,” says CEO David Kessler. “Moreover, in both their professional and personal lives, these leaders clearly embody CohnReznick’s sense of purpose: creating opportunities for our people, making a difference for our clients and strengthening our communities.”

More news from CohnReznick

Armanino Adds 11 New Partners for 2020

San Ramon, Calif.-based Armanino LLP (FY18 net revenue of $267.2 million) has announced the admission of nine new firm partners as well as two new partners joining the firm.

This new group of partners includes professionals in tax, audit, risk assurance and advisory and consulting practices across six offices throughout California, Texas and Washington.

“The new partners are a phenomenal group of people who always find new ways to drive value for clients and serve as effective team leaders,” says CEO Matt Armanino. “They truly embody the firm’s core values of innovation, entrepreneurism and positive energy. Most exciting is that they represent the firm’s growth in a variety of geographies and service lines where they have created opportunities and made an impact on the firm.”

Nearly all the new partners participated in the firm’s partner track program, which identifies, educates and mentors potential partners. In addition, the firm’s “transparency to partnership” education track focuses on educating all levels of the firm about the expectations, qualifications and benefits to pursuing partnership.

New firm partners include:

  • Todd Bishop, risk assurance and advisory service partner, who works remotely and helps lead the internal audit, SOC and SOX teams.
  • Katy Brown, tax partner, works from San Ramon and focuses on serving nonprofits and works with exempt organizations in a variety of capacities.
  • Peter Burns, audit partner, works from San Francisco and serves the technology industry providing assurance and auditing services.
  • Jon Chin, audit partner, works from San Jose, Calif., in audit and business consulting, primarily in the technology industry.
  • Jarrett Ganan, tax partner, is based in the west Los Angeles office, and specializes in partnership tax compliance, business structures and transactions, focusing on the cannabis, entertainment and high-net-worth sectors.
  • David Greenamyre, tax partner, is located in San Jose, Calif., and specializes in corporate taxation with a focus on ASC 740 income tax accounting and theory in the technology, hospitality and consumer product goods industries.
  • Ryan Guyton, tax partner, works from Dallas, and serves privately held businesses with income and estate tax planning, wealth transfer and succession planning, merger and acquisition consulting and other business advisory services.
  • Isaac Peace, audit partner, works from Dallas and focuses on audit, attestation, internal controls and business advisory in the technology, real estate and financial services industries.
  • Eric Thomas, consulting partner based in San Ramon, serves nonprofit and for-profit organizations on finance and accounting needs and digital transformation.

New partners joining the firm:

  • Rich Asiodche, audit partner, Seattle, works with life sciences, technology and emerging growth companies, advising on mergers and acquisitions, financial statement audits and integrated audits.
  • Mike Goral, tax partner, leads the cannabis tax practice from the west Los Angeles office. He advises cannabis clients on a broad range of issues and provides guidance on cannabis technology, manufacturing, transportation and retail issues.

More news from Armanino

MGO Acquires Schwartz & Company

Los Angeles-based MGO (FY18 net revenue of $60.4 million) has acquired Bellmore, N.Y.-based Schwartz & Company.

The transaction expands MGO’s presence in New York and throughout the East Coast. All five Schwartz & Company partners are joining the team at MGO, formerly Macias Gini & O’Connell.

“We welcome the entire Schwartz & Company team to MGO. While formidable as separate companies, combining these two elite teams will enable us to deliver an unmatched experience to our clients,” says Kevin O’Connell, CEO and MP of MGO. “Schwartz brings deep experience representing private equity and venture capital firms, investment partnerships, family offices and public and closely held corporations. We also look to capitalize on these capabilities, as well as the firm’s expansive East Coast footprint.”

The combination expands the resources and offerings of both firms, strengthening the capabilities of several practice areas including SEC/public company, private equity, family office, audits, tax planning strategies, international business and wealth management.

“MGO is one of the most impressive and innovative firms in the country. Not only will this move strengthen our practice, it will expand our geographical footprint, provide a deeper bench of resources and expertise to service public companies,” says founder and MP Michael Schwartz. “The two firms have very similar cultures and common commitment to client service.”

Over the past year, MGO has expanded its business in multiple ways, including the creation of new partnerships and lines of business to address the needs of cannabis companies and those who want to invest in the sector. In 2018, the MGO | ELLO Alliance was launched to provide professional services to the cannabis market. Through this alliance, the firm last year also launched ELLO Capital, one of the first U.S.-based investment banks and M&A advisory firms focused on cannabis.

More news from MGO

RoseRyan Vice President David Roberson Named CEO

David Roberson

RoseRyan of Newark, Calif., announced that David Roberson will lead the firm as CEO on Jan. 1.

Roberson, who led Hitachi Data Systems as CEO, joined the firm last year as vice president. He is also the chief executive of RoseRyan subsidiary Kukuza Associates, which concentrates solely on the cannabis market.

Founder Kathy Ryan will transition from CEO to chair while retaining ownership of the Silicon Valley finance and accounting consulting firm she co-founded 26 years ago.

She will continue to work with clients, and will play a large role in RoseRyan’s strategic planning and investments, and serve as director of Bizinta, a business management software company spun out of RoseRyan.

Says Ryan about the change, “Dave is a strong leader – he’s ready to lead RoseRyan as we reach for the next stage of growth, and he’s the right person to take us there.”

Roberson became vice president after leading RoseRyan’s execution of the transition services agreement in DigiCert’s purchase of Symantec’s web security business, which was RoseRyan’s largest engagement to date.

Roberson says, “We’ll be propelling growth across the firm’s solution areas, and we’re well positioned, given the meaningful culture and brand that Kathy and the team have created and fostered over the years. What continues to impress me about RoseRyan is its clear strengths as well as the can-do attitudes and operational savviness that our consultants bring to every engagement.”

Roberson was a senior vice president at HP and worked at Hitachi for 26 years. He is chairman of the board of Push Technology, a global API management company.

More news from RoseRyan

Armanino Opens Denver Office

San Ramon, Calif.-based Armanino (FY18 net revenue of $267.2 million) announced that it has opened the doors of its new downtown Denver office, further expanding the firm’s footprint.

The Denver team works with experts across the firm’s 13 offices throughout California, Washington and Texas.

“Armanino works with many Denver- and Colorado-based businesses. With a steady increase in engagements in the region and a rapidly growing economy, we saw this market as a natural expansion,” says CEO Matt Armanino. “Denver has long been a gateway to the West, making it a key market for many of the firm’s industry specialties and a region with a strong talent pool to draw on.”

The distribution, manufacturing and technology sectors together make up nearly half the region’s GNP, while its cannabis industry is expected to grow 32% in the next four years. In addition, Colorado’s startup activity is ranked fifth in the nation, the firm reports.

Manufacturing, tech and distribution companies must deal with complex issues such as revenue recognition, ASC 606 compliance, valuation, state and international tax, and SOX compliance. Armanino offers a variety of solutions, including outsourced accounting and finance, corporate tax, audit and technology consulting.

Earlier this year, the firm launched its cannabis practice to provide help for common cannabis business IRS issues and financial checks needed by investors.

More news from Armanino

IPA INSIDER: March 2019 News

Listed below are the Top 10 most-read stories on the INSIDE Public Accounting blog for the month of March.

  1. EisnerAmper Expands Cannabis Practice
  2. WSJ: Former Partner at KPMG Faces Trial in PCAOB Scandal
  3. Anchin Block & Anchin Announces New Partner, New Subsidiary
  4. IPA Vendor Spotlight On . . . Steve Templeton
  5. Whalen & Company Acquires Martinelli & Company
  6. Deltek and Grant Thornton Form Alliance
  7. Richey May Acquires Amata Solutions
  8. Frazier & Deeter Opens First International Office
  9. YHB Merges in Accounting Firm in Falls Church
  10. Armanino Opens New Office in Seattle

Frazier & Deeter Names Three New Partners

Andrew Case

Atlanta-based Frazier & Deeter (FY17 net revenue of $83.6 million) has announced that three members of the firm have been admitted to the partnership: Andrew Case, Matthew Foster and Jerry Johnson. Johnson has become a partner in the firm’s audit practice. Case and Foster are the newest partners in the tax practice.

MP Seth McDaniel says, “As Frazier & Deeter expands into new services and new geographic markets, the new generation of partners will play a critical role in our growth.”

Case has more than 10 years of public accounting experience. He works with middle market companies that are private equity backed, bringing his clients considerable expertise in tax planning for partnerships, S Corporations and high-net-worth individuals. He works across a variety of industries, including real estate, private equity, technology and manufacturing.

Jerry Johnson

Foster has more than 10 years of experience in public accounting. He plays a leadership role within the firm’s life sciences practice. He specializes in helping middle market companies that are privately held or backed by private equity. His expertise includes corporate structuring for tax strategies, mergers and acquisitions, joint ventures and ESOPs. His clients operate in a variety of industries including cannabis, manufacturing and distribution, technology, real estate and construction.

Johnson has more than 20 years of accounting experience and is a member of the firm’s Tampa, Fla., office. He has worked with a number of publicly traded companies, reviewing SEC filings, testing of internal controls over financial reporting, auditing merger and acquisition transactions, as well as performing, reviewing and supervising audits and other attestation engagements. He has also helped privately held companies prepare for initial public offerings. His industry expertise includes the areas of manufacturing and distribution companies, food and beverage companies and health care providers.

Reynoso Joins MGO As Partner

Cesar Reynoso

Cesar Reynoso

Los Angeles-based Macias Gini & O’Connell (FY17 net revenue of $53.6 million) announces that Cesar Reynoso has joined the firm as an assurance partner in the Newport Beach, Calif., office.

He serves SEC registrants and other companies, using his expertise in the real estate and cannabis industries to help clients planning to go public or already listed on public exchanges in the U.S. Canada.

“Cesar’s expertise leading all aspects of audit and related services to some of the largest and most complex multi-national public SEC registrant companies is a significant addition to MGO’s team,” says Kevin O’Connell, CEO and MP.

Prior to joining MGO, Reynoso worked with several large firms where he focused on providing assurance service to SEC accelerated filers, public cannabis companies, large multi-national companies, private corporations and real estate companies.

New York Office Opening for MGO

Kevin O’Connell

Los Angeles-based Macias Gini & O’Connell (FY17 net revenue of $53.6 million) announced the opening of a new flagship office in New York. The new office, led by New York office MP Rich Paris, will serve MGO’s growing list of clients in New York and across the East Coast.

“MGO is doing so much business on the East Coast, we couldn’t ignore the need for a brick and mortar presence in Manhattan,” says CEO and MP Kevin O’Connell. “This expansion will not only strengthen our existing traditional operations, but as the market leader taking cannabis companies public, we will be ideally positioned to support clients when the U.S. public markets open their doors to the cannabis industry.”

Paris has more than 20 years of experience in human resources and accounting. Paris was previously the founder and leader of a successful executive search company based in New York. “We already have deep connections to the New York business ecosystem and a physical presence here will help us deliver MGO’s dynamic service offerings with great attention and personal touch,” he says.

MGO’s New York City office, located at 622 Third Ave., will provide a full suite of assurance, tax, advisory, capital markets advisory and staffing services.

IPA INSIDER: October 2018 News

Listed below are the Top 10 most-read stories on the INSIDE Public Accounting blog for the month of October.

  1. INSIDE Public Accounting Unveils 2018 Best of the Best Accounting Firms
  2. Congratulations to the 2018 IPA 200 and 300 Firms
  3. INSIDE Public Accounting Reveals The Nation’s Largest 400 Accounting Firms
  4. Just Announced: The 2018 IPA 100
  5. LEA Global Hires Ishida as First CEO
  6. MRZ Merger with Baker Tilly To Give Firm Foothold in Houston
  7. Founder of Herbein + Company Passes Away
  8. Richey May Acquires Two IT Consulting Firms
  9. Mauldin & Jenkins Names New MP, Admits New Partners
  10. Janover LLC Launches Cannabis Industry Practice Group