Kirsch CPA Group of Hamilton, Ohio, (FY23 net revenue of $9.3 million) announces its transition to 100% employee ownership through the establishment of an Employee Stock Ownership Plan (ESOP). This strategic move reflects the firm’s commitment to its employees, clients and the long-term sustainability of the company.
Firm leaders described the ownership transition as a way to recognize the contributions of their dedicated team and ensure the preservation of a culture built around shared success and long-term growth for both employees and clients. “This transition to employee ownership allows us to maintain local decision-making and the exceptional level of service our clients have come to expect,” said John Kirsch, founder of the firm.
Pete Abner, CEO, emphasized the importance of the transition for the firm’s long-term success. “After carefully reviewing many options, it became evident that an employee ownership structure was the best strategy for Kirsch CPA to thrive long-term. It allows us to preserve our unique client service model that focuses on serving clients in an advisory capacity,” he explained.
Director of people and business development, Diane Glover, added, “The firm is poised to continue its strong growth. An employee ownership structure will help us attract and retain talent, especially as the accounting industry faces ongoing recruitment challenges.”
