Goldman & Knell, a well-known Hollywood business management firm, is making headlines with its upcoming merger with rival Gelfand, Rennert & Feldman. The merger, announced by Focus Financial Partners, is set to bring together two prominent firms in the entertainment industry. While the terms of the deal have not been disclosed, the merger is expected to have a significant impact on the landscape of business management services in Hollywood.
Goldman & Knell, founded by Alan Goldman in 1992 and later expanded with the addition of Paul Knell in 1994, has built a strong reputation for providing international tax and accounting advice, among other business management services. The firm’s Hollywood clientele includes notable names in the film, TV, and music industries such as Claire Danes, Hugh Dancy, and Piers Morgan. With a focus on investments advice and planning for entertainment industry artists, Goldman & Knell has been instrumental in helping clients navigate challenges such as 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, expressed the firm’s goal of ensuring the continuity of their high-touch client service offering while gaining access to additional resources to better serve their clients in the future. This strategic partnership aims to enhance the services provided to clients and strengthen the firms’ positions in the industry.
Tyson Beem, CEO of Gelfand, Rennert & Feldman, also shared his excitement about the merger, highlighting the exceptional business built by Alan and Paul at Goldman & Knell. The client-first personalized service offered by Goldman & Knell aligns well with the values of Gelfand, Rennert & Feldman, known for serving A-list music clients like Neil Diamond, Bob Dylan, and James Taylor. The combination of these two firms is expected to create a powerhouse in the business management sector, with a focus on delivering top-notch services to clients in the entertainment industry.
Overall, the merger between Goldman & Knell and Gelfand, Rennert & Feldman represents a significant development in the Hollywood business management landscape. With a shared commitment to client service and a wealth of experience in the entertainment industry, the combined firm is poised to offer unparalleled expertise and support to its clients. As the transaction moves forward, industry insiders will be watching closely to see how this merger shapes the future of business management services in Hollywood.
