The team of specialists comprising J.H. Cohn’s Private Equity Services Practice understands the unique needs and challenges of middle-market private equity firms, their M&A process, and the issues surrounding their portfolio companies. Our specialists have the expertise and technical knowledge that private equity firms need from their professional advisors before, during, and after the deal.
Our team provides a full variety of services to private equity firms including audit and tax services to the fund and its portfolio companies, M&A services, and value enhancement services such as risk management and insurance reviews, benefits consulting, and corporate governance/internal audit assistance.
The Firm’s comprehensive offerings provide private equity clients with numerous competitive advantages throughout the private equity lifecycle, including fund development and portfolio growth and divestiture. In today’s economy, a strong relationship between the private equity community and J.H. Cohn produces significant rewards for private equity funds, portfolio companies, and J.H. Cohn clients, including cost-effective fee structures; middle-market private equity expertise; a strong client-Firm advocacy relationship; and value enhancement services that have a positive impact on the portfolio’s bottom line.
Creating a bridge between private equity and our clients J.H. Cohn is a strong advocate of the advantages that private equity can bring to our clients. As a result, we are one of the few accounting firms who actively seek out clients who may be suitable for a private equity investment.
To accomplish this goal, we have instituted many internal communication initiatives including a Private Equity Spotlight, private equity industry niche events, J.H. Cohn deal connections, and preemptive private equity client introductions. Fund Services J.H. Cohn provides the fund-level resources and expertise to help private equity funds through all phases of fund development and growth. During the start-up phase, J.H. Cohn can assist with: Partnership agreements Private placement memorandums Other offering documents Structural advice and expertise Once the funds are operational, services may include: Annual financial statement audits Performance reviews Preparation of partnership economic and tax allocations Preparation of tax returns Quarterly compilation or review of financial statements
Richard J. Salute, CPA, is Capital Markets and SEC Practice Director with J.H. Cohn. As an expert in SEC matters, Rich has been the key accounting and finance professional in numerous initial public offerings, and has represented clients that trade securities on the New York Stock Exchange, the American Stock Exchange, the NASDAQ and other over-the-counter markets. Rich is the Office Managing Partner for J.H. Cohn’s Long Island office. He has over 35 years of audit, accounting and tax experience.
Prior to joining J.H. Cohn, Rich spent 29 years at a global accounting firm managing complex audits for both public and private companies. During his tenure there, he was responsible for providing clients with strategic planning services, as well as consultation with regard to corporate finance, mergers and acquisitions, and process evaluation. Rich’s clients included large multinational companies and entrepreneurial start ups. In addition to his client responsibilities, he started three businesses for that firm – the Enterprise Group (New York Metropolitan area), the Technology Practice (New York office) and the Bankruptcy and Corporate Recovery Practice (nationwide).
Rich is a member of the American Institute of Certified Public Accountants and the New York State Society of Certified Public Accountants.
Partnership; 501-1000 employees; Accounting industry
January 2004 – Present (8 years 4 months)
Rich has 1 recommendation (1 client) including:
- 3rd Philip B.