CohnReznick LLP, the advisory, assurance, and tax firm has announced that, in recognition of the “significant growth” of its Advisory practice over the past five years, it is re-aligning its Advisory service offerings to “better address the evolving needs of its clients”.
It revealed that Kristen Soles, CPA, managing partner, will lead the Advisory practice’s newly-named Global Consulting Solutions team which will continue to provide industry-specific services that help businesses improve operational performance, more effectively employ innovative digital technologies, and better manage cyber, data privacy, and other significant risks.
The firm also confirmed Claudine Cohen will continue serving as the leader and managing principal for the firm’s Transactions and Turnaround practice. In this role, she and her team provide the investment community with full life-cycle services covering all aspects of a transaction, such as a merger or acquisition, or a business that is in a transformational phase.
Service areas include Project Finance Consulting, Restructuring and Dispute Resolution, Transaction Advisory, and Valuation.
As part of the Advisory services realignment, the firm’s Government Advisory services, which include Compliance and Monitoring; Emergency Management and Program/Project Management, are being fully integrated into the firm’s Government Industry practice which includes government-specific audit and financial management services.
The new grouping of Government Industry services also includes those supporting the U.S. Treasury’s Homeowner Assistance Fund (HAF) and Emergency Rental Assistance Program (ERAP).
Soles said: “I am honored to have been chosen by our partnership to lead the firm’s Global Consulting Solutions practice. The opportunities and challenges for our clients here and abroad have never been greater.
“Embracing innovation in all they do will be paramount to their success, and our Global Consulting Solutions team is empowered to guide them in leveraging state-of-the-art, industry-focused solutions that optimize performance.”
Cohen added: “The delineation of our Advisory services is a testament to the growth of our practice areas and to the evolving business needs of our clients.
“The pace of investment activity has never been greater. In working with Kristen and her team, we can better serve the needs of private equity firms, drive value for their portfolio companies, and help every other business seeking growth opportunities in today’s rapidly changing economy.”