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Ascend Names Nishaad Ruparel as President
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Subscribe22 FEB 2024 / PEOPLE UPDATES
Strategic partner for regional accounting firms, Ascend, has appointed Nishaad Ruparel as its President. Backed by private equity firm Alpine Investors, Ascend achieved $100 million in revenue in under a year, crediting its success in part to Ruparel's leadership. Ruparel was previously involved in investment banking and has an extensive background in finance, which will play a significant role in further fueling Ascend's growth.
Ascend Appoints Nishaad Ruparel as President
Ascend, a strategic partner for regional accounting firms backed by private equity firm Alpine Investors, has appointed Nishaad "Nish" Ruparel as its President. This new role was established to support Ascend's rapid growth since its launch in January 2023. Under Ruparel's leadership, Ascend surpassed $100 million in revenue within less than a year of operation.
Professional Background
Prior to joining Ascend, Ruparel was recruited by Alpine Investors to launch a new business within their $4.5 billion Fund IX. Before his tenure at Alpine, he served as a senior associate at AEA Investors in New York and was part of the investment banking team at JP Morgan. Ruparel holds an MBA from Stanford University and a BS in Finance and International Business, summa cum laude, from New York University’s Stern School of Business.
Ascend's Growth and Vision
Ascend empowers entrepreneurial CPAs to reach their goals with an innovative growth model that brings their firms into the new age. Backed by private equity capital from people-focused Alpine Investors, Ascend is building a modern platform for regional accounting firms that enables them to stay independent while accessing the resources of a large CPA firm to help them grow. The company provides access to growth capital, robust talent acquisition, best-of-breed technology, a catalytic leadership system, shared back-office services, and modernized equity incentives so that firms can surmount today’s industry challenges and reach their full potential. Founded in January 2023, Ascend attained revenues sufficient to qualify it as a Top 50 U.S. accounting firm within ten months of operation.
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