Professional services firm Citrin Cooperman announced today the expansion of their Advisory Practice with the addition of The DB Group, an award-winning financial planning and analysis (FP&A) advisory and implementation consultancy. The deal will enhance the business advisory service capabilities of Citrin Cooperman, who will now be able to implement corporate performance management (CPM) software for clients to help improve and streamline finance and accounting processes. DB Group’s founder and managing partner Dominic DiBernardo will join as a Partner, along with five directors and their staff, in Citrin Cooperman’s Strategy and Business Transformation Practice, led by Partner Steve Ronan.
“We’ve joined Citrin Cooperman’s advisory group to complement a team embracing the strategic, data-driven transformation needed to remain competitive in today’s business market,” said Dominic DiBernardo, managing principal of The DB Group. “This is a great opportunity to be a part of a top firm that serves the strategic needs of the CFO.”
“Strategically investing in our advisory services is a top priority for our firm and I’m pleased that Dominic and his team will be joining Citrin Cooperman to continue expanding our finance transformation services,” shared Executive Chairman Joel Cooperman.
“Bringing value to each client is a tenet of Citrin Cooperman, and it order to do this we get to know their business inside and out and anticipate their needs. With the addition of The DB Group on our team, we’ll truly be able to help transform businesses by helping each to better understand and define their goals, set plans to attain those goals and make them a reality,” said Citrin Cooperman CEO Alan Badey.
Citrin Cooperman’s Strategy and Business Transformation Practice helps middle-market businesses reach maximum performance through optimizing finance and business operations. The group focuses on providing digital finance transformation, ERP strategy and implementation, process improvement, and data analytics services to private, middle-market companies and not-for-profits. The DB Group will build upon these services with their outstanding track record of CPM execution and bring strong implementation capabilities with Vena and Fluence, further expanding the firm’s strong technology capabilities. DB Group won Vena’s Dedicated Partner of the Year award in 2021.
“The DB Group is one of Vena’s most strategic implementation partners and delivers exceptional value to our mutual clients,” said Vena Co-Founder and Chief Solutions Architect Rishi Grover. “The team comprises Vena experts and finance subject matter experts who offer world-class customer support. We look forward to seeing the value they bring scale even more with this strategic acquisition.”
Steve Ronan, partner and leader of the firm’s Strategy and Business Transformation Practice shared, “I’m thrilled to be extending our digital finance capabilities through the addition of The DB Group. With a larger team we’ll have the ability to broaden our service offerings and identify key, strategic partnerships that will bring even more value to our clients.”
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 200 partners and over 1500 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.