Marcum Merges in Federman, Lally & Remis in Connecticut

Top 15 accounting firm Marcum merged with Farmington, CT-based Federman, Lally & Remis, effective Jan. 1.

Financial terms of the deal weren’t disclosed. The merger strengthens Marcum’s team in New England’s automotive and food and beverage sectors, adding five partners and 12 associates. FLR also brings a wealth of experience to Marcum’s tax and assurance divisions.

“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,” Jeffrey Weiner, chairman and CEO of New York-based Marcum, said in a statement.

Founded in 1991, FLR is a comprehensive tax and accounting firm that provides services to a diverse array of industries, including automotive, real estate, food and beverage, retail, manufacturing, and nonprofit.

With this merger, FLR clients will receive enhanced assurance, tax, and advisory services, as well as 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, among others.

“It’s not just about matching business services or industry proficiency, it’s the shared culture and values that truly excite us,” said Bob Lally, a founding partner of FLR who is now Marcum’s managing partner for the Farmington office. “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, added, “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.”