Business Services Industry
Accounting giant makes a small push. (Arthur Andersen LLP acquires Kopperman and Wolf Co.)
Crain's Cleveland Business, March, 1998 by Ford, Tom
Arthur Andersen taps Kopperman & Wolf Accounting giant Arthur Andersen LLP has swept up its second local accounting firm in six months as part of its strategy to serve the small business market. Kopperman & Wolf Co., a 41-year-old Cleveland-based accounting firm, will become an operating unit of Arthur Andersen May 1 but will continue to serve its current clients with its existing staff, said Keith Libman, managing partner of Kopperman & Wolf.
Neither Mr. Libman nor Dett Hunter, managing partner for Chicago-based Arthur Andersen's four offices in Ohio, would comment on the financial terms of the transaction. Jim Wolf, one of the Kopperman founders, said he is excited about the transaction because it will enlarge Kopperman's scope. "It made perfect sense to align...
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