Terms were not disclosed. Mibar reported revenue of $12.6 million and a workforce of 29 for Bob Scott’s VAR Stars for 2023. The acquired company becomes part of Citrin’s Digital Services practice lead by Eric Casazza, who was CEO of FMT for 12 years. FMT had revenue of $24.3 million as reported in the VAR Stars submission under Citrin’s name so the combined company should shoot up the Top 100 chart this year. Mibar carried Acumatica, Dynamics GP/365, NetSuite. Mibar was led by CEO Bart Nachimow, who founded the organization in 1991.
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CPA FIRM CITRIN BUYS MIBAR Featured
CPA firm Citrin Cooperman acquired Mibar, a 33-year-old ERP reseller, based in New York, N.Y. This follows Citrin's purchase last year of Dynamics reseller, FMT Consultants.
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