Citrin Cooperman & Company Expands in New Jersey; Partners and Staff of Rose, Dratch & Gilbert Strengthen New Jersey Office

SPRINGFIELD, NJ, November 20, 2010 (Press-News.org) Citrin Cooperman, a leading regional accounting and business consulting firm, announced today that the partners and staff of Rose, Dratch & Gilbert, P.A., of West Caldwell, have joined the firm's Springfield, N.J., office, effective Nov. 15.

The addition of the two partners and eight staff of Rose, Dratch & Gilbert expands Citrin Cooperman to more than 390 people, including 93 partners, and more than $100 million in estimated annual revenue. The firm's New Jersey office now includes 45 partners and staff. The business combination is the fourth for Citrin Cooperman since Nov. 1. Citrin Cooperman is actively involved in negotiations with other firms and may have additional deals to announce before year end.

Citrin Cooperman opened its Springfield, N.J., office in 1999, and it has been a major part of the firm's growth over the last 11 years, a period in which firm revenues increased from $18 million to its current level. Citrin Cooperman is based in New York City and also has offices in White Plains, N.Y, Norwalk, Conn., and Philadelphia, Pa.

"We saw the opportunity to add two talented partners and experienced professionals, as well as a good group of clients to our firm," said Joel Cooperman, the firm's managing partner. "The culture and approach at Rose, Dratch & Gilbert is very similar to ours in that they believe in providing proactive, customized accounting, tax and business solutions to their clients. We believe their clients will benefit from a wider range of services and an even deeper pool of professional talent."

Joining Citrin Cooperman from Rose, Dratch & Gilbert as partners are Edward Dratch and Stacy Gilbert.

Rose, Dratch & Gilbert offers traditional accounting services, tax planning and preparation, and management advisory services to businesses, partnerships, individuals, estates, trusts, and exempt organizations. Citrin Cooperman is also strengthening its business valuations, forensic accounting, expert testimony, and litigation support services. By joining with Citrin Cooperman, the partners of Rose, Dratch & Gilbert further expand their existing capabilities in the restaurant and hospitality industry.

In the latest rankings from accounting trade magazines Inside Public Accounting and Accounting Today, Citrin Cooperman was among the top 35 accounting firms in the United States and was designated a Best Accounting Firm to Work For in 2010, for the second consecutive year.

"New Jersey has been and will continue to be an extremely important market to the overall growth of Citrin Cooperman, and we will continue to expand the resources we offer to companies throughout the region," said Cooperman.

"We look forward to offering the full range of Citrin Cooperman's resources to our clients," said Stacy Gilbert.

"Citrin Cooperman has gained a reputation for its quality work, and we are pleased to be part of the firm's future success," added Ed Dratch.

About Citrin Cooperman

Citrin Cooperman is a full-service accounting firm, providing attest and assurance, tax, and business advisory services to clients in New York, New Jersey, Pennsylvania, and Connecticut. Citrin Cooperman has deep experience in a number of industries and areas, including professional services firms, restaurants, real estate, entertainment, staffing and executive search, valuation and forensic services, and Sarbanes-Oxley compliance. The firm, founded in 1979, has offices in midtown Manhattan, White Plains, N.Y., Springfield, N.J., Philadelphia, Pa., and Norwalk, Conn. Citrin Cooperman is an independent firm associated with Moore Stephens.