Member News: CohnReznick Launches Transactions & Turnaround Advisory Practice
New York, NY – May 14, 2020 – CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced the formation of its Transactions & Turnaround Advisory practice, integrating the firm’s transactional, restructuring and dispute resolution, valuation, and project finance advisory services under one umbrella. Claudine Cohen, a seasoned transaction advisor, will lead the new group as Managing Principal.
As companies and financial sponsors look to what is next in the immediate post-COVID-19 marketplace and beyond, they will face many important challenges and critical decisions that need an integrated approach. From start-up to wind-down, and throughout its life cycle, numerous opportunities or roadblocks can occur that significantly influence the path forward for a business. These can include M&A opportunities, financing new capital projects, business and asset valuations, restructuring to improve performance, bankruptcy negotiations, and exit management.
”We structured the new practice to allow for on-demand mobilization of seasoned professionals who collaboratively will design and execute a path forward with clients as they navigate complex situations or make a game-changing decision,” said Cohen, who was recognized last year by the Global M&A Network as one of its Top Women Dealmakers. “Now more than ever during these uncertain times, we plan to help clients achieve optimal outcomes that protect and grow stakeholder value with a service approach founded on impact, insight and integrity.”
The growth and elevation of this area of Advisory is the most recent milestone in CohnReznick’s investment in providing the advisory solutions critical to today’s clients. Last year, the firm brought in eight award-winning restructuring professionals to be prepared for client needs in the event of an economic downturn.
As a leading advisory, assurance, and tax firm, CohnReznick helps forward-thinking organizations achieve their vision by optimizing performance, maximizing value, and managing risk. Clients benefit from the right team with the right capabilities; proven processes customized to their individual needs; and leaders with vital industry knowledge and relationships. Headquartered in New York, NY with offices nationwide, the firm serves organizations around the world through its global subsidiaries and membership in Nexia International. For more information, visit www.cohnreznick.com.