BV movers . . .

BVWireIssue #183-3
December 20, 2017

People: Joshua Lefkowitz has joined Cohen & Co. as a partner leading the valuation services practice; he’s formerly with BDO and is in Cohen’s Pittsburgh office … Carli D. Lehrhas been promoted to a partner at RLH CPAs & Business Advisors; she joined the firm as an intern in 2004; RLH has offices in Pennsylvania and Maryland … Kansas firm Sink, Gordon & Associates promoted Seth Gordon to the senior manager level; he manages the firm’s business valuation division … The Alliance of M&A Advisors has named Terrel “Terry” Bressler, managing director at Prairie Capital Advisors, as a finalist for the 2017 Middle Market Thought Leader of the Year Award … The Securities and Exchange Commission announced that Mark Kronforst, chief accountant of the SEC’s Division of Corporation Finance, plans to leave the agency in early January 2018 after 13 years of public service there … Kentucky firm Dean Dorton has named Jim Tencza as market leader in Louisville, directing the strategy and operations of that office … Alan Fox of Fox and Fiorino (Reisterstown, Md.) is joining Maryland firm Glass Jacobson Financial Group  Mark Emrich has joined Murray Devine Valuation Advisors as a managing director in the firm’s New York City office on alternative investment firms and financial service intermediaries; he’s formerly with Anagenesis Capital Partners.

Firms: CliftonLarsonAllen LLP expands its presence in the Los Angeles area with the acquisition of NSBN LLP, effective Jan. 1, 2018; the deal adds 19 partners and more than 90 total staff members to CLA … South Florida firm Kabat, Schertzer, De La Torre, Taraboulos & Co. (KSDT) has acquired JL Hofmann & Associates of Coral Gables … After 58 years in downtown Baltimore, Gross Mendelsohn will move to the city’s McHenry Row complex; it signed a lease for 23,000 square feet in a new building scheduled to be completed October 2018  BizEquity has partnered with Envestnet, a wealth technology platform for advisors, to offer its cloud-based business valuation platform to Envestnet’s 60,000 wealth advisors  The $1.75 billion acquisition of Duff & Phelps by the Permira Funds implies a 2.5x valuation multiple on FY16 revenue according to Equitec; the transaction is expected to close during the first quarter of 2018 … Gettry Marcus, based in Woodbury, N.Y., has acquired Manhattan-based JM CPA,bringing on board 15 people including three new partners … Barfield, Murphy, Shank & Smith continues its trek across Alabama by announcing a merger with Hindsman PC, a Gadsden-based CPA firm; the combined entity will have about 170 employees … Wipfli has acquired Sattell, Johnson, Appel & Co. of Milwaukee, adding 33 professionals to its ranks; this is the fifth firm to join Wipfli in 2017 … The Bonadio Group of upstate New York has acquired Vincent J. Muffoletto, a western New York CPA firm; it’ll join Bonadio’s Buffalo office.

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