EisnerAmper, a Top 20 Firm based in New York, is adding Raich Ende Malter & Co. a Top 80 Firm, also based in the city, with the deal expected to close this summer.
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EisnerAmper LLP, a Top 20 Firm based in New York, received an investment Monday from TowerBrook Capital Partners, a private equity firm, and is separating the non-attest side into an entity called Eisner Advisory Group LLC.
The amount of the investment was not disclosed, but EisnerAmper CEO Charly Weinstein called it “significant.” The firm will have an alternative practice structure similar to the kind pioneered by American Express when it acquired the CPA firm Goldstein Golub Kessler in 1998. EisnerAmper LLP, as a licensed CPA firm, will continue to provide attest services, while Eisner Advisory Group LLC will offer business advisory and non-attest services.