Latest news with #CohenAndCo
Yahoo
11-08-2025
- Business
- Yahoo
Cohen & Co. buys tax and accounting firm Gioffre
US accounting firm Cohen & Co. has acquired Gioffre & Company, LLP (Gioffre), a New York-based accounting firm, for an undisclosed sum. Gioffre, located in Westchester County, was established by Anthony Gioffre, who held the position of managing partner. It consists of six employees and has a focus on outsourced accounting, tax services, and financial reporting, serving a range of public and large private clients across the US. Gioffre & Co. founder Anthony Gioffre said: 'We are excited for this new venture with Cohen & Co and chose this move with intention. 'Our goal is to provide enhanced service opportunities and bench strength to our long-standing clients and to offer longevity for our employees at a highly respected platform firm.' This acquisition is part of Cohen & Co.'s strategy to enhance its service offerings in the New York Tri-State area, aiming to meet the varied requirements of its clientele. Cohen & Co. said that the new Westchester office will contribute to its expanding network, which is designed to provide support to clients on local, regional, and national levels. Legal counsel for Cohen & Co. during this acquisition was provided by Calfee, Halter & Griswold. This transaction represents the third acquisition for Cohen & Co. in 2025, following the earlier acquisitions of Tax & Wealth Management in Cleveland and Tassi and Company in Chicago. Cohen & Co Partner in Charge, Markets & Industries Marcy Kempf said: 'Through our many discussions with Anthony, we have gained tremendous confidence in the strategic, positive impact this will have on our firm. 'Adding such a talented team will help us continue to enhance and expand our CFO support, financial reporting and tax provision services, delivering tailored solutions to meet the needs of our clients and their investors.' "Cohen & Co. buys tax and accounting firm Gioffre" was originally created and published by International Accounting Bulletin, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Associated Press
08-08-2025
- Business
- Associated Press
Cohen & Co Acquires Gioffre & Company, LLP
CLEVELAND, Aug. 8, 2025 /PRNewswire/ -- Gioffre & Company, LLP (Gioffre) has joined Cohen & Co, one of the top tax and accounting firms in the U.S. Based in Westchester County, New York, Gioffre is a full-service accounting firm with over 50 years of combined experience. The transaction closed on August 8, 2025. Gioffre was founded by Anthony Gioffre, who also served as its managing partner, and includes five additional employees. The firm brings outsourced accounting, financial reporting and tax expertise from working with both public and large private company clients nationwide. 'Through our many discussions with Anthony, we have gained tremendous confidence in the strategic, positive impact this will have on our firm,' says Partner in Charge, Markets & Industries Marcy Kempf. 'Adding such a talented team will help us continue to enhance and expand our CFO support, financial reporting and tax provision services, delivering tailored solutions to meet the needs of our clients and their investors.' 'We are excited for this new venture with Cohen & Co and chose this move with intention,' says Anthony Gioffre. 'Our goal is to provide enhanced service opportunities and bench strength to our long-standing clients and to offer longevity for our employees at a highly respected platform firm.' With the addition of Gioffre, Cohen & Co reaffirms its commitment to deliver high-quality assurance, tax and advisory solutions that reflect the diverse needs of the New York Tri-State region. The Westchester office joins a growing network of locations strategically positioned to support clients locally, regionally and nationally. Calfee, Halter & Griswold LLP served as legal counsel to Cohen & Co for this transaction. This is the third acquisition for Cohen & Co in 2025, following Cleveland-based Tax & Wealth Management, Inc. in January and Chicago-based Tassi and Company in March. About Cohen & Co Named one of America's Most Recommended Tax and Accounting Firms by USA TODAY and one of the Best of the Best Firms by INSIDE Public Accounting, Cohen & Co offers assurance, tax and advisory services to clients throughout the U.S. and worldwide. The firm serves a broad range of clients, from privately held companies and their owners; to public and private funds, advisers and fund service providers within the investment industry; to Fortune 1000 multinational enterprises. Founded in 1977, Cohen & Co has more than 800 dedicated professionals across the U.S. and 15 offices in Colorado, Illinois, Ohio, Maryland, Michigan, New York, Pennsylvania and Wisconsin. Through an affiliated entity, the firm also has a presence in the Cayman Islands. Learn more at 'Cohen & Co' is the brand name under which Cohen & Company, Ltd. and Cohen & Co Advisory, LLC, and its subsidiary entities, provide professional services. Cohen & Company, Ltd. and Cohen & Co Advisory, LLC practice in an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable law, regulations and professional standards. Cohen & Company, Ltd. is a licensed independent CPA firm that provides attest services to its clients. Cohen & Co Advisory, LLC and its subsidiary entities provide tax, advisory and business consulting services to their clients and are not licensed CPA firms. The entities operating under the Cohen & Co brand are independently owned and are not responsible for the services provided by any other entity operating under the Cohen & Co brand. Our use of terms such as 'our firm,' 'we,' 'us' and other terms of similar import denote the alternative practice structure of Cohen & Company, Ltd. and Cohen & Co Advisory, LLC. View original content to download multimedia: SOURCE Cohen & Co
Yahoo
07-08-2025
- Business
- Yahoo
Ex-NGP Partner Chris Sorrells Plans Third Energy SPAC
Former NGP partner Chris Sorrells is planning a third SPAC to acquire in what he said will likely be the oil and gas, decarbonization or metals mining sectors. The Dallas-based special purpose acquisition company (SPAC), Spring Valley Acquisition III, filed its S-1 with the Securities and Exchange Commission (SEC) Aug. 6, planning to offer 15 million units in a $150 million raise. It follows Sorrells' first Spring Valley SPAC, which merged with a nuclear developer, and a second one, which has not yet announced an acquisition. The sole book-running manager of the newest Spring Valley is Cohen & Co. Capital Markets. The units are expected to trade on the Nasdaq as SVACU. Pyrophyte Acquisition II, another new SPAC that reported it is likely to buy in the energy space, sold its planned 17.5 million units in a $175 million raise in July. It began trading on July 17. Pyrophyte's CEO is Bernard Duroc-Danner, the retired Weatherford International CEO. 'We may pursue an initial business combination in any business or industry and in any geographic region but expect to target companies that are in the energy sector,' he reported in the S-1 filing with the SEC. His first Pyrophyte SPAC raised $175 million in October 2021. In 2023, it announced plans to buy Canada-based Sio Silica Corp., a sand miner formerly known as CanWhite Sands. Meanwhile, another energy SPAC, EQV Ventures Acquisition, reported Aug. 5 that it plans to buy Anadarko Basin-focused Presidio Petroleum, which produces 26,000 boe/d, for $480 million, including debt. EQV had raised $350 million in August 2024. Energy finance executive Jerry Silvey, who led the first EQV, priced a second EQV in July, raising $420 million. Meanwhile, Riverstone Holdings co-founder David Leuschen plans to raise $250 million in a SPAC offering, CH4 Natural Solutions Acquisition. He reported in the S-1 that CH4 intends to buy and build a company that would 'benefit from accelerated methane-mitigation initiatives at scale.' Spring Valley III plans Sorrells, chairman and CEO of Spring Valley III, reported in the S-1 filing, 'We believe that there are significant attractive investment opportunities in natural resources as well as in our core decarbonization theme.' 'We believe energy demand projections may continue to increase as the market gains a deeper understanding of several global technological trends,' he added. Among the demand sources is the 'electrification of everything,' AI and machine learning, and cryptocurrency, blockchain and other digital assets. The decarbonization theme Sorrells mentioned in the S-1 refers to the first Spring Valley's acquisition of privately held, small modular reactor developer NuScale Power, taking it public in 2022 in a reverse merger. NuScale's stock price has grown from $10 initially to $45 on Aug. 7. Team, board Sorrells was a managing director and, later, an operating partner of NGP Energy Technology Partners, an NGP affiliate. He began his career in the energy industry as an investment banker at Salomon Smith Barney and, later, at Banc of America Securities, where he created in 2000 one of the first decarbonization-focused investment-banking teams. Spring Valley III's CFO, Jeff Schramm, previously held positions at Michelin, Lehigh Technologies, Euramax International and Kemira Chemicals. Robert Kaplan, COO and head of business development, was managing director of clean tech and renewables for Stifel Financial and previously held investment-banking positions at Thomas Weisel Partners Group and First Albany. The board is expected to include David Buzby, chairman of energy storage and grid firm Stem Inc. as well as of power-sector software firm Wondrwall Holdco. Previously, he was a chairman and CEO of SunEdison, which he co-founded. It was sold in 2009 to MEMC Electronic Materials. Deborah Frodl was a senior executive with General Electric Co., including as CEO of GE Capital Public Finance, and was chairman of Spruce Power Holdings. She holds a board seat at ITC Holdings and is an operating partner for Greenbelt Capital Partners. Richard Thompson is a strategic adviser to tech-focused private equity firm Sumeru Equity Partners. Previously, he held executive posts at Power-One Inc., which was bought by ABB; American Power Conversion, which was sold to Schneider Electric; and Artesyn Technologies, which was sold to Emerson. Sorrells, Schram, Kaplan, Buzby, Frodl and Thompson each held positions at one or both of the first two Spring Valley SPACs. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
