CPE & Event Calendar

You could pay $0 for this course!MassCPAs Joint Infoshare with Alternative Investments & Regulated Investment Companies CommunityThis dynamic program brings together regulators, industry experts, and practitioners to deliver timely updates and actionable insights across three key areas shaping today's investment management landscape. Planned discussions include SEC and regulatory developments, private credit and the retailization of alternatives, and AI in investment management operations, along with emerging trends impacting funds, advisers, and investment managers. Breakfast & Networking included Massachusetts firms/companies with fewer than 50 staff can be reimbursed up to 100% of the cost of training and firms/companies with 50-100 employees can be reimbursed up to 50% of the cost of training. You must register for the course and apply for reimbursement through the Massachusetts Workforce Training Express Fund website a minimum of three weeks prior to the start of the course to be eligible. The course code for this program is C-11155. To learn more, click here or contact Julia Ekelund at jekelund@necpas.org.

Join Us for Our Next Community Meeting All NECPAs members are welcome to attend. Community meetings are a great way to connect with peers, share insights and stay engaged with the profession. CPE Credit Information To receive CPE credit, you must: Be in attendance for at least 50 minutes Respond to required attendance check polling questions Please note: We recommend using the email address linked to your NECPAs profile when logging into Zoom. Join the Community Roster By joining the community roster, you'll gain access to this group's forum on The HUB—an exclusive space where members can: Connect with other community members Post questions and messages Access meeting materials and resources Questions? Contact Melissa Nystedt at mnystedt@necpas.org.

Join Us for Our Next Community Meeting All NECPAs members are welcome to attend. Community meetings are a great way to connect with peers, share insights and stay engaged with the profession. CPE Credit Information To receive CPE credit, you must: Be in attendance for at least 50 minutes Respond to required attendance check polling questions Please note: We recommend using the email address linked to your NECPAs profile when logging into Zoom. Join the Community Roster By joining the community roster, you'll gain access to this group's forum on The HUB—an exclusive space where members can: Connect with other community members Post questions and messages Access meeting materials and resources Questions? Contact Melissa Nystedt at mnystedt@necpas.org.

For decades, the legal profession assumed it was insulated from private equity's reach - unauthorized practice of law rules, ownership restrictions, and ethical constraints seemed to make lawyers, accountants, and physicians poor candidates for the roll-up playbook that transformed dental, veterinary, and physical therapy practices. That assumption is being tested. PE sponsors have identified professional services organizations as attractive targets: recurring revenue, fragmented markets ripe for consolidation, and increasingly workflows where AI-driven automation promises to compress costs and multiply margins in ways that make even highly regulated, labor-intensive practices financially compelling. But these aren't standard buyouts. Structuring an acquisition of a law, accounting, or medical practice requires navigating a patchwork of state-specific restrictions on non-lawyer ownership, fee-splitting prohibitions, and licensure requirements often through management services organization (MSO) structures or friendly-PC arrangements designed to separate clinical/professional judgment from the capital and control PE investors expect. Jurisdictions like Massachusetts add another layer of complexity: the state's near-total unenforceability of non-competition agreements for physicians (and significant limits for other professionals) undermines a tool PE buyers typically rely on to protect the value they're paying for, forcing dealmakers toward alternative retention and restrictive covenant strategies.