A New Model for Private Equity Investment: Elevating Leadership at LMC
Ascend, a private equity-backed platform launched in January 2023, is transforming the way regional accounting firms operate. Just six months in, Ascend has already partnered with three firms, including New York-based LMC, allowing leaders like Lee Cohen to focus on growth and client relationships instead of administrative tasks.
The new model emphasizes partnerships with regional firms valued between $10 million and $50 million, providing them with resources for technology, hiring, and acquisitions while maintaining their independence.
Discover how Ascend is redefining growth opportunities for mid-sized accounting firms.