'Cohen & Company Expands Into Western New York'
Portfolio Pulse from Benzinga Newsdesk
Cohen & Company, a top U.S. tax and accounting firm, is expanding into Western New York by acquiring Szymkowiak & Associates CPAs and PEAR Consultants. The transaction, which will bring in approximately 25 additional team members and maintain current local leadership, is expected to close in December 2023. This move aligns with Cohen & Company's strategic growth plan and follows a previous expansion to Philadelphia earlier in the year.
November 13, 2023 | 1:09 pm
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Cohen & Company (COHN) is set to acquire Szymkowiak & Associates CPAs and PEAR Consultants, expanding its services in Western New York. The deal is part of COHN's growth strategy and follows an earlier expansion in Philadelphia.
The acquisition of Szymkowiak & Associates CPAs and PEAR Consultants is likely to have a positive short-term impact on COHN's stock price. The expansion into a new market and the addition of experienced professionals align with the company's growth strategy, which can be viewed favorably by investors. The previous successful expansion to Philadelphia suggests a pattern of strategic growth that may boost investor confidence.
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