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Marcum, Friedman to Merge, Creating $1 Billion Mid-Market Firm

May 3, 2022, 11:01 PM

Marcum LLP and Friedman LLP said Tuesday they will merge later this year, aiming to grow their middle-market business and create one of the largest accounting firms in the country.

The merger will expand the firms’ ability to provide public company audits and serve clients better in emerging areas such as digital assets and cybersecurity. The combined firm, which would be ranked No. 12, with more than 3,400 professionals, would also be among the largest to serve Chinese companies listed in the U.S., the firms said in a statement.

Together the firms will operate ...