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National accounting firm Marcum LLP has acquired Farmington-based Federman, Lally & Remis LLC (FLR), a full-service accounting firm offering tax, advisory and auditing services.
Five partners and 12 associates from FLR joined Marcum effective Jan. 1. Marcum announced the acquisition Tuesday.
According to the announcement, the merger “strengthens Marcum's team in New England's automotive and food & beverage sectors.”
FLR was founded in 1991 and focused on the automotive, real estate, food and beverage, retail, manufacturing and nonprofit industries.
"The alignment between Marcum and FLR is clear,” said Jeffrey Weiner, chairman and CEO of Marcum. “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."
Bob Lally, a founding partner of FLR, said FLR and Marcum have similar cultures and values.
“Both Marcum and FLR champion a workplace that prizes collaboration, innovation and professional advancement,” Lally said. “This partnership has opened up new horizons for our team, allowing us to achieve even greater success."
Lally is Marcum’s Farmington office managing partner.
Headquartered in New York City, Marcum has offices across the country. In addition to Farmington, it has Connecticut locations in West Hartford, New Haven, Greenwich and Hartford.
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