November 30, 2015 (New York City, NY) - Marcum LLP, a top national accounting and advisory services firm, announced today that it will merge with DGLF CPAs & Business Advisors, a full-service accounting firm specializing in construction and real estate, with offices in Nashville, Tennessee, and Orlando, Florida. The merger will become effective December 1, 2015.
DGLF offers extensive audit, tax, information technology and consulting services to a full range of construction and real estate companies. Founded in 1987, the Firm's deep expertise in the construction industry has established it as a national authority in tax, audit and business planning services for developers and contractors, and its partners as frequent speakers, authors and trainers in construction accounting. All eight DGLF partners have joined Marcum as members of the Firm's national Construction Industry Practice group.
DGLF represents the third merger announced by Marcum in the past month. On November 1, the Firm merged with Frost, Ruttenberg & Rothblatt, P.C. of Chicago, giving Marcum its first entry into the Midwest market. On November 20, Marcum announced that it will merge with Smart, Devine & Company, LLC, a full-service accounting and consulting firm headquartered in Philadelphia, also on December 1. Once the two pending mergers become effective, Marcum will have nearly 1500 professionals and more than 200 partners in 29 offices.
"DGLF will be an outstanding addition to Marcum's continuing growth trend. The firm is nationally recognized as one of the most accomplished construction accounting practices in the country, which makes this particular group of professionals a perfect strategic fit for Marcum's national Construction Industry group," said Jeffrey M. Weiner, Marcum's managing partner. "The DGLF partners all bring outstanding experience and impeccable credentials to Marcum, and we are looking forward to welcoming them to the Firm."
"We are extremely proud of the track record and reputation we have developed over the course of 28 years as a construction and real estate accounting specialist," said Robert Davidson, DGLF's managing partner. "Combining with Marcum will give us access to their tremendous national resources and create significant new opportunities to service our clients."
"An accounting firm is only as good as its professional team, and the DGLF construction accounting team is one of the best in the business. We anticipate a seamless integration into Marcum's Construction group and look forward to working with the partners and their clients, as well as to introducing them to ours," said Joseph Natarelli, Marcum's national Construction Industry group leader.
"The opportunity to enlarge our capabilities and tap into Marcum's experience as a national firm will be a tremendous new asset for our clients," said Ian Manning, a DGLF partner who will be Marcum's partner-in-charge of the Nashville office.
The integration of DGLF will add approximately 30 partners and staff to Marcum. The Nashville and Orlando offices will become part of Marcum's now-expanded Southeast Region, headed by Partner-in-Charge Michael Balter. The region also includes offices in Miami, Ft. Lauderdale and West Palm Beach, Florida.
Marcum's Construction group provides strategic accounting, audit, and consulting and taxation services to construction clients ranging from start-ups to multi-billion-dollar enterprises. The Firm's technical experts serve on many industry boards and committees and regularly contribute to construction conferences and publications. The group also publishes the quarterly Marcum Commercial Construction Index, an authoritative analysis of trends in the nonresidential construction sector, and the annual Marcum JOLTS Analysis, a proprietary report on construction employment trends.
Marcum LLP is one of the largest independent public accounting and advisory services firms in the nation, with offices in major business markets throughout the U.S., Grand Cayman and China. Headquartered in New York City, Marcum provides a full spectrum of traditional tax, accounting and assurance services; advisory, valuation and litigation support; and an extensive range of specialty and niche industry practices. The Firm serves both privately held and publicly traded companies, as well as high net worth individuals, private equity and hedge funds, with a focus on middle-market companies and closely held family businesses. Marcum is a member of the Marcum Group, an organization providing a comprehensive array of professional services.