Will PE ever take over the Big4? With EY’s Project Everest and the MM firms getting bought out, it seems inevitable for the same to happen to the Big 4. What do you guys think?

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Maybe yours since the numbers are so much less. The rest - no

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HAH!!! GOT EM!!! Nice!

/s

likesmarthelpful

They will take over everything unless there is regulation. There's nothing to stop it. Just a matter of when.

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PE might take minority interests. Not sure about taking over.

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Not sure why partners (who own the firm) would give the approval.

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PA is the biggest Ponzi scheme to ever exist.

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Yes I fully believe this. The MM top 20 public accounting firm I most recently worked at was bought out by PE and two months later I was let go.

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Also like go add the PE deal was a minority investment but they still decided to fire employees.

Big 4 is smart enough to not need PE. In fact none of these idiotic firms needed to take PE money. They simply needed a strategic dividend recap and any halfway competent cfo to negotiate acquisition loans, but the boomer partners are so greedy and shortsighted they don’t care how it happens as long as they get their quick. Plus, they see it in a strange way, of being accepted into a club to receive PE money.

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