The PE Platform Wars: Five Accounting Firms Battle for Market Share
After hundreds of deals, the data show a gravitational pull toward a handful of buyers now driving the profession’s future.
CPA Trendlines PE Deal Tracker: Mega-aggregators are dominating the money flow as the race tightens between Sorren, Citrin Cooperman, Crete Professionals, Platform Accounting, and Ascend. Coming up fast: Doeren Mayhew.
By CPA Trendlines Research
The frantic pace of deal-making in March has officially transitioned the accounting industry from a “consolidation phase” into a “platform war.”
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As the first quarter concludes, the narrative is no longer just about who is buying whom, but about which investment philosophy—and which technology stack—will dominate the next decade.
The conventional narrative about private equity in accounting says capital is flooding in, the profession is democratizing, and every CPA firm in America can access institutional money for the first time. But the cold, hard data tells a different story.
