Marks Paneth LLP Acquires Entertainment Practice, Shedler & Cohen, LLPFebruary 1, 2017
Acquisition Expands Expertise in Business Management and Family Offices
Leading accounting, tax and advisory firm, Marks Paneth LLP, announced today that the partners and staff of Manhattan-based Shedler & Cohen, LLP (“Shedler & Cohen”) have joined the firm, effective January 1, 2017. The acquisition brings two partners, Michael S. Shedler and Ellen G. Cohen, as well as thirteen professionals to the firm. The addition of Shedler & Cohen has expanded and strengthened the suite of specialized services that Marks Paneth’s Business Management and Family Office Practice, led by Lawrence Cohen, provides to clients in the entertainment business management niche.
“Joining Marks Paneth enhances the value we can directly provide to our clients,” said Ellen Cohen. “We will now have the ability to provide end-to-end accounting, tax and advisory services, as well as expertise in areas such as real estate and international tax.”
Since its founding in the 1950s, Shedler & Cohen has provided comprehensive business management and individual tax services to marquee members of the creative arts community—including actors, directors, set and lighting designers, producers and writers.
“Shedler & Cohen’s specialized family office practice bears significant synergies with our Business Management and Theater, Media and Entertainment Practice,” said Harry Moehringer, Marks Paneth’s Managing Partner. “The years of family office expertise brought on by Michael, Ellen and their team enhances our existing strength in these areas, and places us at the forefront in serving the needs of this segment.”
For more information, please contact John McKenna of ICR, Inc. at (203) 682-8252 or email@example.com.
About Marks Paneth LLP
Marks Paneth LLP, a premier accounting firm dating back to 1907, is ranked the 34th largest accounting firm in the nation and one of the 8th largest in the Mid-Atlantic, as reported by Accounting Today and Inside Public Accounting. With a team of nearly 700 people, including more than 90 partners, based out of offices throughout the Mid-Atlantic Region, Marks Paneth provides public and private businesses with a full range of audit, accounting, tax, consulting, trade remediation and valuation services, as well as litigation and financial advisory services, to domestic and international clients. The firm serves clients in a wide range of industries including real estate; hospitality; manufacturing, wholesale and distribution; retail; media and entertainment; nonprofit and government; financial and professional services industries; and high-net-worth individuals and their families.
The firm has a strong track record of supporting emerging growth companies, entrepreneurs, business owners and investors with highly specialized services as they navigate the business life cycle. Readers of the New York Law Journal ranked Marks Paneth as one of the area's top three forensic accounting firms for six consecutive years.
The firm also provides information technology consulting services to small and medium-sized companies and nonprofit organizations through its subsidiary, Tailored Technologies, LLC.
Marks Paneth’s membership in Morison KSi Ltd., a leading international association for independent business advisers, financial consulting and accounting firms, facilitates service delivery to clients throughout the United States and around the world.
Marks Paneth is headquartered in New York City, with additional offices in New York State, New Jersey, Pennsylvania and Washington, DC.