PHILADELPHIA (October 17, 2018) – Pine Hill Group, a leading accounting, financial reporting and transaction advisory firm, announced today it has expanded the practice with the opening of its third office, located at 275 Madison Avenue in New York City. The new office will help Pine Hill support its existing client base headquartered in the New York metropolitan area, as well as provide on-the-ground support to the largest concentration of private equity firms in the U.S. This geographic expansion into New York City is a result of the tremendous growth Pine Hill Group has experienced in accounting, M&A and transaction advisory practices.
“Opening an office in New York City was a natural progression for Pine Hill,” explained Barry Smith, Pine Hill’s Chief Strategy Officer. “We are excited to bring our breadth of services that much closer to our existing New York City-based clients and develop new, collaborative relationships with public and private companies, as well as private equity firms and their portfolio companies, assisting them with executing value creation strategies. “We’re excited to add New York City to the Pine Hill family and hope to extend our reach even further into new markets,” added Chuck Jacobson, Co-founder and Chief Executive Officer of Pine Hill.
Pine Hill, which in 2017 celebrated its 10-year anniversary, has significantly grown its client base by applying Big 4 firm technical experience and financial operations acumen to solve problems related to financial reporting and transactions. “New York is an ideal location for us to expand. We’re seeing tremendous growth in our private equity client base who possess record amounts of dry powder. “Additionally, our approach to providing integrated accounting and transaction advisory services from pre-deal to post-deal value creation continues to resonate with the private equity marketplace,” said Smith.
To support the geographic expansion, Pine Hill has hired senior level professionals with experience in working with public and private companies on complex accounting matters, including IPO and capital markets readiness, SEC reporting, post-close integration, technical accounting, financial reporting, carve-out statements, restatements and consolidations involving complex accounting and reporting matters.
About Pine Hill Group
Founded in 2007, Pine Hill Group is an accounting consultancy and transaction advisory firm collaborating closely with clients to achieve their most critical and complex business objectives. From offices in Philadelphia, New York City and Princeton, Pine Hill Group provides public, private and private equity clients with integrated capital markets, technical accounting, and financial reporting advice during every stage of the business lifecycle. Comprised of multidisciplinary professionals with a distinctive combination of corporate and Big 4 firm experience, Pine Hill Group delivers the highest levels of expertise across a comprehensive suite of accounting and advisory services. For more information, contact Pine Hill Group at 215-558-2860 or visit www.pinehill.com.