Merger & Acquisition

Marcum LLP Merges with Raffa, P.C.

Nonprofit Specialty Firm Joins Marcum’s Not-for-Profit Practice

Marcum LLP, with New Jersey offices in Roseland and Neptune, has merged with top accounting firm Raffa, P.C., effective October 1, the firm announced today. A recognized leader in the nonprofit and social sector, the Raffa team joins Marcum’s not-for-profit practice group, which will be known as Raffa – Marcum’s Nonprofit and Social Sector Group. Raffa’s combination with Marcum creates a national accounting force serving these important industries.

Thomas Raffa, CPA, Raffa founder & CEO, is national leader of the combined nonprofit specialty group. Kathy Raffa, the firm’s president, is now Marcum’s office managing partner in Washington., D.C., where Raffa was based.

Raffa brings 18 partners, 11 of them women, and 280 associates to the team. Ranked #84 by Accounting Today, Raffa was the only Top 100 Firm to be majority-owned by women partners. The merger expands Marcum’s team to 250 partners and more than 1700 associates. Marcum is ranked #16.

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