Sat.Mar 16, 2024

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Weekend Discussion: Private Equity is Good, Bad, or Ugly For the Accounting Profession?

Going Concern

The big story this week by a long shot was yesterday’s news that New Mountain Capital has taken a majority stake in Grant Thornton. When I say big I mean HUGE. Having written for this website for 15 years while observing the accounting profession from the sidelines and playfully making fun of Grant Thornton the entire time, I was not expecting that story to blow up the way it did.

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Ascend expands in Southern California

Accounting Today

Private equity-backed platform Ascend has added a new member firm in San Diego, LevitZacks.