From www.accountingtoday.com: (US context) Despite the allure of private equity, independent firms argue for the value of personal client relationships and a commitment to building a lasting legacy within the profession.
In a landscape increasingly dominated by private equity and mergers, several accounting firms, describe their commitment to remaining independent, citing benefits like control over decisions and stronger internal succession plans.
They navigate competition by focusing on strategic growth, cultivating a culture that attracts talent, and investing in technology without external funding influences.