Citrin Cooperman Expands Midwest Presence with Acquisition of ORBA
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NEW YORK, Sept. 4, 2025 ~ Citrin Cooperman Advisors LLC, a leading professional services provider for private, middle market businesses and high net-worth individuals, has announced its plans to acquire the assets of Ostrow Reisin Berk & Abrams, Ltd. (ORBA), a well-known accounting and advisory firm based in Chicago. The acquisition will include all of ORBA's assets and will expand Citrin Cooperman's presence in the Midwest region.

The addition of ORBA is a significant milestone for Citrin Cooperman as it strengthens its capabilities across various industries such as manufacturing & distribution, professional services, sports & entertainment, real estate, and other privately held businesses. With 15 partners and over 150 professionals joining Citrin Cooperman, this acquisition will enhance the firm's resources and expertise.

Alan Badey, CEO of Citrin Cooperman Advisors LLC, expressed his excitement about this partnership stating that it is a landmark moment for the firm's growth. He also highlighted ORBA's excellent reputation built over decades of providing top-notch services to their clients. Badey believes that this collaboration will create a powerful Midwest region that will benefit both their people and clients.

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ORBA was founded in 1977 and has been recognized as one of Chicago's most reputable professional services firms. They offer tax, accounting, and advisory services to entrepreneurs, privately held companies, nonprofit organizations, and high-net-worth individuals. By joining forces with Citrin Cooperman, ORBA's clients will have access to expanded resources and specialized services.

Joseph Odzer, CEO of ORBA, shared his enthusiasm about this new chapter for their firm. He stated that they are proud of what they have built over nearly five decades and believe that this partnership will unlock new opportunities while honoring their legacy. Odzer reassured their clients that they will continue to receive the same personalized service they trust but with added benefits from Citrin Cooperman's expertise.

Allan Koltin, CEO of Koltin Consulting Group, who advised both firms on the transaction, emphasized the synergies between Citrin Cooperman and ORBA. He believes that their shared values of collaboration, entrepreneurial spirit, and client-first mindset make them a highly attractive destination for top talent and clients.

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This acquisition aligns with Citrin Cooperman's strategic vision of thoughtful expansion by partnering with firms that share their commitment to excellence, collaboration, and client-first service. The firm has completed over 30 acquisitions since 2019, solidifying its position as one of the most active and respected acquirers in the industry.

The transaction is expected to close in October 2025. As is customary for firms operating in alternative practice structures, Citrin Cooperman Advisors LLC will acquire certain non-attest assets while Citrin Cooperman & Company, LLP will acquire certain attest assets of ORBA. This acquisition marks another step towards Citrin Cooperman's continued growth and success in the professional services industry.
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