Strategic Combination Helps Strengthen CRI's National Presence and Nonprofit Industry Expertise
"This merger represents an exciting milestone in our firm's history and a significant advancement for both CRI and CapinCrouse. We have previously invested in firms that specialize in serving faith-based organizations and private colleges. With the addition of CapinCrouse, CRI is now positioned to become the leading national provider in these vital markets. By combining our strengths, we will enhance the value we offer and greatly expand our national geographical presence. We are proud to welcome CapinCrouse to the CRI family."
Bill Carr, Chairman of CRI Advisors, LLC
"We are very pleased to join CRI. For over 50 years, our focus has been on providing innovative service to nonprofit organizations whose outcomes are measured in lives changed. CRI's commitment to client service, respect, and integrity is an excellent fit with our mission and firm culture. We will continue to operate under the CapinCrouse brand and are excited to now have access to more offerings and resources to further drive exceptional client service."
Fran Brown, CapinCrouse Managing Partner
"It is interesting to note that this is CRI's biggest M&A deal in its history, and it comes on the heels of their private equity deal with Centerbridge Partners and Bessemer Venture Partners. CapinCrouse, a top 125 firm nationally, is viewed by many as the preeminent firm in the country when it comes to the audit and related advisory services of nonprofits and religious organizations. My intuition suggests that going forward, we will see CRI expanding its geographic reach nationally by combining with more top 200 firms."
Allan D. Koltin, CEO, Koltin Consulting Group
CRI has financial tools and accounting resources available on its website at CRIadv.com. To learn more about CapinCrouse and view its resources, please visit capincrouse.com.
*Assurance, attest, and audit services provided by Carr, Riggs & Ingram, L.L.C.
"CRI" is the brand name under which Carr, Riggs & Ingram, L.L.C. ("CPA Firm") and CRI Advisors, LLC ("Advisors") and its subsidiary entities provide professional services. CPA Firm and Advisors (and its subsidiary entities) practice as an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable laws, regulations, and professional standards. CPA Firm is a licensed independent CPA firm that provides attest services to its clients, and Advisors and its subsidiary entities provide tax and business consulting services to their clients. Advisors and its subsidiary entities are not licensed CPA firms.