"Grant Thornton's Strategic Move: Private Equity Investment from New Mountain Capital"

The recent news of New Mountain Capital acquiring a majority stake in Grant Thornton has sparked a discussion about the impact of private equity in the accounting profession. This trend is relatively new, and opinions on its effects vary widely. While some see potential benefits, others express concerns about the influence of private equity in the industry. The buzz around this deal has prompted a weekend discussion on the topic, inviting perspectives and insights from all angles, including senior partners who may be affected by the growing presence of private equity in accounting firms.