Unity Partners, a private equity firm, and NDH Advisors of Chicago, a tax and accounting firm, announced that NDH has partnered with tax and accounting firm Jain & Jain of Sugar Land, Texas. Terms of the private transaction were not disclosed.
Established in 1986 by founders Mike and Rajni Jain, Jain & Jain provides tax and outsourced accounting services to high-net-worth individuals, closely held businesses and their owners and family groups. Jain & Jain’s clients are primarily based in Texas, Florida, Utah and Kansas and represent a diverse mix of industries. Both founders will continue to be actively involved in the business.
“This transaction complements NDH’s core service offering and allows us to add talented professionals to our growing team,” said Jeremy Dubow, CEO and co-founder of NDH. “Mike and Rajni are passionate and experienced business owners with values that align with ours. As well-respected leaders and best-in-class advisors, they will help NDH expand its business in Texas and the surrounding states.”
All Jain & Jain employees will become part of NDH’s Employee Purpose Plan, a broad-based employee ownership program, which allows qualifying employees to benefit from the company’s success.
“The Jain & Jain team is thrilled to partner with NDH’s outstanding professionals, as we combine businesses to provide the highest quality tax and accounting services to clients throughout the country,” said Mike Jain. “Our shared resources and industry expertise will strengthen NDH’s ability to offer to employees exceptional professional growth opportunities while also helping clients meet their complex tax and financial needs.