Private equity is reshaping the tax and accounting industry. Here’s how tech and culture may determine who wins.

Private equity has arrived in the tax and accounting profession, and it’s moving fast. Historically overlooked by institutional investors, the industry is now attracting serious attention. Why? Because it checks every box: It’s fragmented, characterized by stable, predictable revenue, facing a talent shortage, and under pressure to modernize. Many firms still have a great deal of opportunity to innovate when it comes to technology, another factor that makes the industry ripe for transformation. READ MORE