Accounting firms have increasingly turned to private equity to fund artificial intelligence investments and expand services, but some are rethinking their management structures to keep up with faster-growing peers with deeper pockets.
RSM’s reported exploration of a possible public listing — which comes with its own set of risks and rewards — is the latest example of a firm weighing capital options that don’t involve private equity bosses.
“If everybody goes down a singular path on the PE route, for example, there’s risk to that route,” said Brian Blaha, vice president and chief strategy officer for Winding River Consulting, a …