New York (January 3, 2023) – Citrin Cooperman has continued its aggressive expansion in the entertainment and business management practices by kicking off 2023 with the joining of Chapman Bird & Tessler (CBT). This will mark the fourth entertainment industry deal in a year. Prior firms include Massarsky Consulting, a music economics and valuations business that joined Citrin Cooperman in January of 2022, and two business management firms focused on the entertainment industry - Kingston Smith Barlevi (KSB) in July 2022 and Kaufman Bernstein Lee & Robert (KBLR) in November 2022.
“The growth we’ve experienced in the past few months is unprecedented,” said Jamie Montanio, co-practice leader of Citrin Cooperman’s Business Management & Family Office Practice. “The talent, opportunities, and benefits we can bring to our clients and the larger market as a result is truly exciting for our team and our firm as a whole.”
“Joining Citrin Cooperman and combining our resources has been a wonderful opportunity for our team. We look forward to continuing to offer our same outstanding services with the expanded support and amenities of a national firm,” shared Craig Tessler and Terry Bird of CBT.
Similar sentiments were shared by Citrin Cooperman CEO Alan Badey, “Citrin Cooperman is immersed in the entertainment industry and to be experiencing such incredible growth and transformation means that we are able to provide the expertise, guidance, and perspectives needed for our clients through our Business Management & Family Office Practice. Jamie and her team are at the forefront of the industry, and we can’t wait to see all they will accomplish together.”
Citrin Cooperman’s Business Management & Family Office Practice navigates the needs of a wide range of clients, shaped by a holistic approach to wealth management. Consisting of a broad range of services and in-house expertise, Citrin Cooperman develops strategies that work for clients’ individual needs and business models, ensuring that legal, tax, and advisory services are in sync with financial planning. With privacy at the heart of our delivery, Citrin Cooperman clients include high net worth individuals, high-profile individuals and their families, and single-family and multi-family offices.
The bicoastal Entertainment, Music, and Sports Industry group at Citrin Cooperman is unique in their comprehensive and experienced understanding of the lifestyle and business challenges faced by clients in the spotlight and behind the scenes. Catering to a variety of clients ranging from local and internationally recognized talent across genres of film and television, music, sports, media, publishing, and theatre, the partners at Citrin Cooperman have been recognized as top industry business managers by Billboard, Hollywood Reporter, Variety, and numerous other media publications.
“Citrin Cooperman is laser focused on high-quality growth,” shared Allan D. Koltin, CEO of Koltin Consulting Group, who advised Citrin Cooperman on several deals in 2022. “More than growth for growth’s sake, they take an exhaustive assessment of shared values, cultures, and skill sets before moving forward with acquisitions and it’s been a thrill to be part of that process.”
About Citrin Cooperman: Citrin Cooperman is one of the nation’s largest professional services firms. Citrin Cooperman & Company, LLP, a licensed independent CPA firm that provides attest services and Citrin Cooperman Advisors LLC, which provides business advisory and non-attest services, operate as an alternative practice structure in accordance with the AICPA’s Code of Professional Conduct and applicable law, regulations, and professional standards. Clients are in all business sectors and leverage a complete menu of service offerings. The entities include more than 340 partners and over 1900 employees across the U.S. For more information, please visit citrincooperman.com, and be sure to follow us on LinkedIn, Twitter, Facebook, Instagram, and YouTube.
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