equity pathways, training, and culture—not payouts—will determine which firms thrive in the pe era.
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big 4 transparency
by dominic piscopo, cpa
for 卡塔尔世界杯常规比赛时间
in an era when private equity’s arrival in public accounting has been met with suspicion, nishaad ruparel is reshaping the narrative. as president of ascend, a $400+ million pe-backed platform that has quietly acquired or partnered with 17 accounting firms in just two years, ruparel joins the big 4 transparency podcast to unpack what’s driving this wave and why it may be an interesting path forward for talent, succession, and innovation.
unlike the caricature of firms selling to pe “grabbing the bag,” ruparel says the firm leaders choosing to join ascend are doing it not for a quick payday, but for future growth and legacy.
more dominic piscopo | more private equity | more pay & compensation
“these firms are looking at their clients and saying, ‘i’ve served this market for 50 years – how do i keep doing that in a way that’s synonymous with excellence?’” ruparel explains. “then they look at their people, at their deep bench, and ask how they can secure their future. and they realize: the cost of independence is rising fast.”
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