Prosperity Partners acquires New York-based tax practice Farkouh, Furman & Faccio

US-based taxation and accountancy institution Prosperity Partners has acquired Farkouh, Furman & Faccio (FF&F), a New York-based taxation and accounting practice.

Financial specifics of the woody stay undisclosed.

Prosperity Partners is supported by backstage equity steadfast Unity Partners.

FF&F was established successful 1974 and provides services to home and planetary businesses arsenic good arsenic high-net-worth and ultra-high-net-worth individuals and families.

With this integration, 7 FF&F partners and 38 employees person joined Prosperity Partners.

FF&F managing spouse Bruce Militzok said: “Prosperity’s people-first civilization ensures that our squad volition beryllium greatly supported and provided with caller pathways to turn their careers.

“The wide worker ownership plan, combined with a firm-wide absorption connected exertion and training, volition alteration our squad to proceed delivering superior lawsuit work portion rewarding their contributions to the firm’s success.”

The partners from FF&F are reinvesting successful Prosperity arsenic a portion of this process.

All FF&F squad members volition present instrumentality portion successful Prosperity’s Employee Purpose Plan, an worker ownership strategy that allows unit to payment from the company’s aboriginal show outcomes.

Prosperity co-founder and CEO Jeremy Dubow commented: “We are honoured that Farkouh, Furman & Faccio, with its stellar estimation and talented professionals, has joined Prosperity, establishing a caller flagship bureau successful New York City.

“FF&F brings fantabulous work credentials, beardown relationships and caller taxable substance expertise to our platform. As portion of Prosperity, FF&F volition summation operational leverage done our exertion investments and entree to our accomplished offshore team.”

Last year, successful September, Prosperity Partners acquired CCA, a specializer taxation consultancy founded successful 1983 and located successful Detroit.

"Prosperity Partners acquires New York-based taxation signifier Farkouh, Furman & Faccio " was primitively created and published by International Accounting Bulletin, a GlobalData owned brand.

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