Citrin Cooperman Expands Valuation Advisory Practice with Acquisition of Murray Devine Valuation Advisors

Citrin Cooperman announced today that it has acquired Murray Devine Valuation Advisors (Murray Devine), an independent valuation advisory firm headquartered in Philadelphia with offices in New York and Austin. For over 30 years, Murray Devine has provided leading valuation services to many of the most respected private equity, private debt and venture capital firms, hedge funds, banks, and corporations. As part of the transaction, Murray Devine’s senior management team, led by Murray Devine co-founder Dennis Murray, will join with Citrin Cooperman’s Valuation Advisory Services Practice leaders to oversee the combined valuation services business.

“We’re thrilled to join Citrin Cooperman’s Valuation Advisory Services Practice and look forward to the next chapter in Murray Devine’s growth. The combined platform will have an expanded service offering and bring to bear additional resources on our best-in-class valuation capabilities,” said Murray Devine Co-Founder Dennis Murray. “Our team is incredibly dedicated, talented, and hardworking and we know we’re joining a group who shares those same qualities,” continued Mr. Murray.

“Welcoming Murray Devine is something we are really excited about,” said Citrin Cooperman CEO Alan Badey. “They bring an amazing group of partners and staff with deep technical skills, which combined with our existing Valuation Advisory Services team, will continue to position Citrin Cooperman as an industry leader with these services.”

Richard DeRienzo, Citrin Cooperman’s managing partner of Advisory Services, echoed these sentiments, “Dennis, Frank, and their team are a great addition to Citrin Cooperman’s Advisory Practice. The team is well known and has an excellent reputation in the marketplace, and they will have a bright future as part of our firm.”

About Murray Devine: Murray Devine provides valuation advisory services to many of the premier private equity, corporate, venture capital, and commercial banking institutions in the country. They routinely participate in mergers, acquisitions, and recapitalizations in a broad array of industries with transactions ranging in value from less than $10 million to over $10 billion. Their team includes professionals with backgrounds in accounting, corporate finance, commercial lending, bankruptcy, law, and other fields.

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 275 partners and a total of over 1600 people across the U.S. and India. For more information, please visit citrincooperman.com, and be sure to follow us on LinkedIn, Twitter, Facebook, Instagram, and YouTube.

About Citrin Cooperman

Citrin Cooperman is one of the nation’s largest professional services firms, helping companies and high net worth individuals find smart solutions. Whether your operations and assets are located around the corner or across the globe, we can provide new perspectives on strategies that will help you achieve your short- and long-term goals.