This year’s winner of the Best US Accounting Firm award goes to CohnReznick. The advisory, audit and tax firm helps private equity clients optimise deal, fund and portfolio company performance.
“CohnReznick continues to look for new ways to help private equity firms create value. From helping firms plan for investment opportunities related to the US infrastructure bill to delivering strategic advisory solutions to portfolio companies, our goal is to be a trusted advisor through all stages of the investment life cycle,” said Jeremy Swan, CohnReznick Managing Principal – Financial Sponsors & Financial Services Industry. “On behalf of my entire team, I want to thank Private Equity Wire and its readers for choosing CohnReznick as 2021 Best Accounting Firm.”
Private equity firms, investment banks, strategic investors and the broader capital markets ecosystem recognize the quality of CohnReznick’s work and its commitment to the industry. CohnReznick’s connections throughout the industry and extensive industry experience result in outstanding services for its clients in areas including transactional advisory services, fund audit and tax services and portfolio company audit, tax and performance improvement services.
Sharing advice
The difference with CohnReznick is the added value it provides sharing relevant business advice in the private equity industry. With the variety and depth of its client base, CohnReznick keeps clients updated on market conditions and economic factors impacting their business. The firm regularly shares insights, observations and ideas, including:
ESG Strategy: Alternative investment funds are in a unique position to impact financial and social value creation. Each functional component-fund formation, fund operations, investment acquisition and portfolio management-offers the opportunity to positively impact and deliver outstanding value to stakeholders. Reporting ESG metrics against strategy will buoy relationships with investors and regulatory agencies. Assessing a firm’s ESG objectives, including what has been implemented so far and what the next steps should be, is a sensible starting place.
Healthcare Investment Report: From a revenue perspective, the Covid-19 pandemic had an overall negative impact on the healthcare services sector in 2020, but that impact is only a small part of the story. Despite the uncertainty, investment activity in the sector hit an all-time high. Providers have seen change on the horizon, such as the growing importance of digital and telehealth, and are using the M&A markets and private capital to expand their services to meet future demand.
Infrastructure Investment Report: Private equity Infrastructure investing hit almost USD25 billion last year, a new record. Investor interest in the space was already gaining steam before the pandemic, but took on a new importance over the past year. Work-from-home mandates and remote learning led to a surge of telecom usage, while also leading to fewer cars on the road and fewer trips to the airport. The CohnReznick report takes a deep dive on PE and M&A activity in US infrastructure, including public-private partnerships.
With shifting tax and policy priorities, a growing focus on ESG initiatives, and the ongoing impacts of Covid-19, the world is changing rapidly. And by all accounts, it won’t be slowing down soon. Following a blistering year of PE deal activity, CohnReznick is optimistic that the PE industry will continue its resiliency and its position as a favoured asset class.
Jeremy Swan, Managing Principal, Financial Sponsors & Financial Services Industry, CohnReznick
Jeremy Swan is the National Director of CohnReznick’s Financial Sponsors & Financial Services Industry practice and also leads the efforts of the Firm’s M&A Consulting Services practice. Swan is responsible for management of CohnReznick’s Financial Sponsors and Financial Services Industry practice which includes all work conducted at the firm level, fund level and across portfolio companies.
