Key Takeaways
- • Prosperity Partners, a Chicago-headquartered tax and accounting firm backed by private equity firm Unity Partners LP, completed the acquisition of Farkouh, Furman & Faccio (FF&F), a New York-based tax, attest, accounting and business consulting firm founded in 1974. Financial terms were not disclosed.
- • FF&F partners are reinvesting in Prosperity as part of the transaction, signaling management confidence in the combined entity's growth strategy and aligning incentives across the merged platform.
- • The acquisition expands Prosperity's service capabilities by adding a dedicated audit team and international tax expertise—two new competencies positioned to benefit existing clients—while establishing a flagship office in New York City.
- • Prosperity gains operational leverage through Unity Partners' technology investments and access to an offshore team, enabling FF&F to scale service offerings and create expanded career opportunities for its professional staff.
- • The deal reflects Unity Partners' strategy of acquiring and consolidating strong management teams within tax and accounting services, with Prosperity having completed multiple acquisitions including Pipaya Partners (transaction advisory), Wiener and Garg (Rockville, Maryland), McGowan Guntermann PC (Santa Barbara), and Danaher Attig (Vermont).
Summary
Prosperity Partners, a Chicago-based tax and accounting platform owned by private equity firm Unity Partners LP, completed the acquisition of Farkouh, Furman & Faccio (FF&F), a New York-established tax and accounting firm, in a deal announced December 9, 2025. While financial terms were not disclosed, the transaction included reinvestment by FF&F's founding partners, demonstrating management alignment with Prosperity's expansion thesis. Founded in 1974, FF&F has built a reputation serving geographically dispersed clients including domestic and international businesses, high-net-worth individuals, and ultra-high-net-worth families across tax, attest, accounting and business consulting services.
The acquisition strategically enhances Prosperity's service portfolio by adding two capabilities previously unavailable on the platform: a dedicated audit team and international tax expertise. According to Jeremy Dubow, CEO and co-founder of Prosperity, the combined entity will leverage technology investments and an accomplished offshore team to drive operational efficiency and service expansion for existing clients. Farkouh, Furman & Faccio's stellar technical credentials and long-standing client relationships provide immediate revenue stability and cross-selling opportunities within the broader Prosperity client base.
For FF&F's founding partner Fred Farkouh, the transaction provides a structured path to scale the business while expanding service offerings and creating enhanced career advancement for professional staff. This acquisition represents part of Unity Partners' broader consolidation strategy within the tax and accounting services sector. Prosperity has completed multiple add-on acquisitions in recent periods, including Pipaya Partners (transaction advisory services), Wiener and Garg (Rockville, Maryland-based tax preparation and planning), McGowan Guntermann PC (Santa Barbara), and Danaher Attig (South Burlington, Vermont), demonstrating a systematic approach to platform building through geographic and service-line expansion.
The transaction underscores institutional investor appetite for consolidation in professional services where fragmented markets present roll-up opportunities. By combining best-in-class management teams with centralized operational infrastructure, Unity Partners positions Prosperity as a comprehensive tax and accounting platform capable of serving increasingly complex client needs across multiple jurisdictions and service verticals.
The acquisition strategically enhances Prosperity's service portfolio by adding two capabilities previously unavailable on the platform: a dedicated audit team and international tax expertise. According to Jeremy Dubow, CEO and co-founder of Prosperity, the combined entity will leverage technology investments and an accomplished offshore team to drive operational efficiency and service expansion for existing clients. Farkouh, Furman & Faccio's stellar technical credentials and long-standing client relationships provide immediate revenue stability and cross-selling opportunities within the broader Prosperity client base.
For FF&F's founding partner Fred Farkouh, the transaction provides a structured path to scale the business while expanding service offerings and creating enhanced career advancement for professional staff. This acquisition represents part of Unity Partners' broader consolidation strategy within the tax and accounting services sector. Prosperity has completed multiple add-on acquisitions in recent periods, including Pipaya Partners (transaction advisory services), Wiener and Garg (Rockville, Maryland-based tax preparation and planning), McGowan Guntermann PC (Santa Barbara), and Danaher Attig (South Burlington, Vermont), demonstrating a systematic approach to platform building through geographic and service-line expansion.
The transaction underscores institutional investor appetite for consolidation in professional services where fragmented markets present roll-up opportunities. By combining best-in-class management teams with centralized operational infrastructure, Unity Partners positions Prosperity as a comprehensive tax and accounting platform capable of serving increasingly complex client needs across multiple jurisdictions and service verticals.
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