Recent Acquisition Expansion Shepard Schwartz & Harris LLP was acquired by Citrin Cooperman in July 2022, signaling an expansion into the Midwest market. This strategic move indicates growth opportunities for service providers looking to support firm integration, regional expansion, and post-merger operational optimization.

Strong Market Reputation The firm has been recognized as one of the Top 10 Best Accounting Firms in Chicago, reflecting its solid reputation and market presence. This reputation positions the company as a potential client for upper-tier consulting, technology solutions, and branding services to maintain or enhance its standing.

Growing Revenue Base With an estimated revenue between $25 million and $50 million and a team of fewer than 50 employees, Shepard Schwartz & Harris represents a mid-sized, high-growth firm. This makes it an attractive target for financial services, innovative HR solutions, and scalable technology platforms designed for mid-market accounting firms.

Technology Adoption The firm utilizes a broad spectrum of technology including GoFileRoom, Google Analytics, and social media platforms, indicating openness to digital tools. Opportunities exist to provide advanced analytics, cybersecurity, or client engagement solutions to further enhance operational efficiency.

Market Trends and Positioning The accounting industry is increasingly focused on digital transformation and regional expansion, mirroring the firm's recent growth actions. Engaging with service providers that support digital workflows, remote collaboration, and regional networking could meet Shepard Schwartz & Harris's evolving needs.