News: Connecticut

Marcum LLP expands with acquisition of Ferderman, Lally & Remis LLC

Farmington, CT Connecticut-based firm Federman, Lally & Remis LLC (FLR) has joined the New York firm, Marcum LLP, effective January 1, 2024.

This merger strengthens Marcum’s team in New England’s automotive and food & beverage sectors, adding five partners and twelve associates. Furthermore, FLR brings experience to Marcum’s tax and assurance divisions.

Details of the transaction remain confidential.

Founded in 1991, FLR has distinguished itself as a comprehensive tax and accounting firm, catering to a diverse array of industries, including automotive, real estate, food and beverage, retail, manufacturing, and non-profit. Their team is focused on delivering customized services to each client based on their needs and circumstances.

Jeffrey Weiner, chairman and CEO of Marcum, said, “The alignment between Marcum and FLR is clear. FLR’s unwavering commitment to addressing intricate business challenges with tailored solutions mirrors our process at Marcum. Their well-regarded reputation and adept problem-solving capabilities make them an excellent fit for us.”

Robert Lally joins Marcum as the office managing partner for the local office.

The clients of FLR stand to gain a richer array of services. This includes enhanced assurance, tax, advisory services, and a comprehensive suite of specialized business and financial solutions such as R&D tax credits, international tax, transaction advisory, and cyber and information security services, to name a few.

Lally said, “It’s not just about matching business services or industry proficiency. It’s the shared culture and values that truly excite us. Both Marcum and FLR champion a workplace that prizes collaboration, innovation, and professional advancement. This partnership has opened up new horizons for our team, allowing us to achieve even greater success.”

Anthony Scillia, Marcum’s New England regional managing partner, said, “FLR’s reputation and intimate knowledge of the local landscape will be pivotal. Their breadth of talent is a formidable addition to Marcum, and we anticipate they’ll be instrumental in our future growth.”

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