Tim Brackney

Tim Brackney, CEO of a private equity-backed CPA firm and former PwC professional, dives into the misconceptions surrounding private equity's role in accounting. He argues that the sector’s challenges stem from its own outdated practices rather than external pressures. Brackney highlights the ongoing talent shortage and suggests that private equity could rejuvenate the industry. He also discusses the evolving partnership models within firms, the allure of predictable fees, and the need for flexibility among younger professionals.

Tim Brackney, CEO of Springline Advisory, and Josh Beck, Managing Partner at MarksNelson Advisory LLC, discuss the transformative power of private equity in accounting. They unveil how platform firms leverage private equity to drive growth and enhance operations while maintaining core values. Insights on leadership alignment, a people-first culture, and the importance of transparency in growth vision are shared. The duo emphasizes the necessity of cultural fit in partnerships and the role of technology in innovation and employee satisfaction.