ExitValue.ai

M&A TRANSACTION · 2024

Citrin Cooperman acquired by Blackstone

$2.00B· 15.0x EBITDA· 2.35x revenue

Target

Citrin Cooperman

New York, NY

Top 20 national accounting and advisory firm with audit, tax, and advisory services

Acquirer

Blackstone

Private Equity buyer

Disclosed financials at time of acquisition

Revenue

$850.0M

EBITDA

$133.3M

Deal Value

$2.00B

EV/EBITDA

15.0x

Context

This $2.00B acquisition of Citrin Cooperman by Blackstone sits in the accounting cpa sub-vertical. The 15.0x EBITDA multiple paid in 2024 can be compared against the population median for accounting cpa transactions of similar size on our Accounting Cpa valuation hub. Blackstone is acquiring as a private equity buyer; see how PE acquirers typically price accounting cpa businesses on our Accounting Cpa PE buyer-pool page.

Source

Data sourced from Private Equity Wire / Capital Brief / Blackstone press releaseprimary source. All figures reflect disclosed values at the time of the acquisition; no estimated or imputed data. Methodology

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Citation: ExitValue.ai. (2024). Citrin Cooperman acquired by Blackstone. https://exitvalue.ai/deals/citrin-cooperman-acquired-by-blackstone-accounting-d