Founder and CEO
DANLEX Solutions LLC
Currently, Rick serves as the Founder and CEO of DANLEX Solutions LLC, a boutique consulting firm which specializes in working with CPA firms, Private Equity firms and other related entities as they explore investment opportunities in the fast changing landscape of professional services. He brings specific, unique expertise in the design, implementation and management of the Alternate Practice Structure within CPA firms.
Most recently, as the Chief Operating Officer of UHY Advisors, Inc., one of the largest Accounting, Tax and Consulting firms in the USA, Rick directed a broad range of firm-wide programs and initiatives throughout the firm’s then seventeen offices. He was responsible for the development and execution of the firm's overall strategic goals, objectives and business plans.
Rick has more than 40 years of experience with professional services firms where he has developed and managed practices, as well as served clients ranging from entrepreneurial enterprises to global corporations, at all stages of their corporate development in a wide collection of industries – services, manufacturing, technology, and gaming, among others. He was a member of the firm’s Executive Committee and sat on the Board of Directors of UHY International, a global network of independent accounting and consulting firms, and served as its Chair for 2018-2019.
Private equity transactions in accounting are evolving quickly. What began as a relatively new source of capital for a handful of firms has become a more sophisticated market with changing deal structures, different investor expectations, and new questions around governance, leadership control, compensation, and exit strategies. This panel will explore how PE deals are being structured today, what firms should understand about recapitalizations and future liquidity events, and how the role of investors is changing as the profession moves deeper into its PE era.