Goldman & Knell, a well-known Hollywood business management firm, is making headlines with its upcoming merger with rival Gelfand, Rennert & Feldman. This merger, announced by Focus Financial Partners, is set to bring together two powerhouse firms in the entertainment industry. The terms of the deal have not been disclosed, but the impact of this merger is expected to be significant.
Goldman & Knell, founded by Alan Goldman in 1992 and later joined by Paul Knell in 1994, has been a key player in providing business management services to Hollywood clients. Their expertise in international tax and accounting advice has been invaluable to clients in the film, TV, and music industries. With a client roster that includes big names like Claire Danes, Hugh Dancy, and Piers Morgan, Goldman & Knell has been instrumental in guiding their clients through various challenges, including navigating Hollywood strikes and pandemic-related work stoppages.
The merger with Gelfand, Rennert & Feldman is expected to close in the third quarter of 2024, pending customary closing conditions. Alan Goldman, managing partner of Goldman & Knell, emphasized the importance of finding a strategic partner to ensure the continuity of their high-touch client service offering. By joining forces with Gelfand, Rennert & Feldman, Goldman & Knell aims to leverage additional resources to better serve their clients in the future.
Tyson Beem, CEO of Gelfand, Rennert & Feldman, expressed excitement about the merger, highlighting the exceptional business that Alan and Paul have built. The client-first personalized service provided by Goldman & Knell aligns well with Gelfand, Rennert & Feldman’s values, making this partnership a natural fit. The addition of Goldman & Knell’s talented professionals to the GR&F team is expected to enhance the overall service offerings and capabilities of both firms.
Gelfand, Rennert & Feldman, founded by the late Marshall Gelfand in 1967, has a long-standing reputation for serving A-list music clients such as Neil Diamond, Bob Dylan, Peter, Paul & Mary, James Taylor, and Carly Simon. With a rich history in the entertainment industry, GR&F brings a wealth of experience and expertise to the table, making them an ideal partner for Goldman & Knell.
Overall, the merger between Goldman & Knell and Gelfand, Rennert & Feldman represents a significant development in the Hollywood business management landscape. As these two firms come together, they are poised to create a powerhouse entity that will continue to provide top-notch services to their clients in the entertainment industry. The future looks bright for this newly merged firm as they embark on this exciting new chapter together.
