CEO
Prosperity Partners
Jeremy Dubow is Prosperity Partners’ Chief Executive Officer. He manages the company and is responsible for its strategic direction, growth initiatives and talent development. He began his career at Arthur Andersen before co-founding Prosperity in 2003. As a tax expert, he provides sophisticated tax planning and consulting services to technology entrepreneurs and their enterprises, high net worth individuals and family offices. Jeremy also co-leads Prosperity’s mergers and acquisitions practice, advising business owners throughout the sales process. Jeremy routinely speaks on behalf of the IL CPA Society and AICPA on a variety of tax technical topics and is actively involved in the ILCPAS tax committees. During his spare time, he enjoys spending time with his family, cycling and playing pickleball; he is also Prosperity’s premier table tennis player.
Signing the deal is only the beginning. Once a firm takes on private equity investment, leaders must navigate new expectations around growth, accountability, governance, and performance—while continuing to serve clients and maintain firm culture.
In this panel, firm leaders will share what life really looks like after the transaction closes. What changes for partners and staff? How do budgeting, reporting, and decision-making evolve? What role does the investor play in strategy and governance? And what aspects of the firm’s culture, client relationships, and day-to-day operations remain largely unchanged?
Join firms that have already made the transition for a candid discussion on the realities, challenges, and opportunities of operating under private equity ownership.
The first wave of private equity in accounting was defined by platform investments and first-time transactions. The next wave will be defined by what happens after the deal.
As the pioneering private equity investments in accounting mature, firms and investors are beginning to navigate continuation vehicles, secondary transactions, recapitalizations, evolving ownership structures, and even buybacks. Research shows that nearly two in ten PE-backed firms expect their investors to sell equity within the next two years, signaling that the profession is entering a new phase of the private equity lifecycle.
This session brings together firm leaders, investors, and advisors to explore how PE firms exit investments, what those transitions mean for partners and leadership teams, and how firms are preparing for their next chapter.
Attendees will gain insight into the realities of second transactions, lessons learned from early PE partnerships, and how firms are thinking about ownership, governance, and growth as private equity in accounting continues to evolve.
Both before and after a deal, private equity will rouse a lot of emotions inside an accounting firm — and change a lot of people’s roles. Experts will discuss how to keep both partners and young staff on side, how to communicate with clients, and how to help everyone adjust to a firm’s new structure.