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Wipfli Had "The Talk" With Its People About That Private Equity Rumor

Summary by Going Concern
Wall Street Journal ran a story yesterday on a probable deal between Milwaukee’s Wipfli (IPA Top 100 #21 with $612 million in revenue) and Grant Thornton’s sugar daddy New Mountain Capital. They said: Wipfli is in advanced talks to sell a roughly 40% stake to New Mountain Capital, which would make it the latest accounting firm to turn to private-equity investors to help accelerate revenue growth. The stake in the Milwaukee-based firm would valu…
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Going Concern broke the news in on Thursday, July 31, 2025.
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