The Future of Accounting with Tim Petrey

On Episode 144 of The Unique CPA, Randy Crabtree chats with Tim Petrey, CEO of HD Growth Partners and White Glove Payroll. They delve into the impact of Private Equity on accounting through an examination of the newly announced strategic partnership between HD Growth Partners and Ascend. Tim strongly believes that the Private Equity model provides for a new paradigm in the accounting profession, and with the right partnership, a progressive firm with solid foundations of corporate culture and client service can grow precipitously, powered by Private Equity’s “rocket fuel”, and safeguard itself against the “coming storm” that will affect the prospects of everyone across the profession in the coming years.

Important Links

Tim Petrey on LinkedIn

Ascend Together

White Glove Payroll

HD Growth Partners

About the Guest

Tim Petrey serves as the Chief Executive Officer at HD Growth Partners, a platform from which he founded and became CEO of White Glove Payroll in 2018. Tim prides himself on being a problem solver and a progressive leader of the companies he serves, describing himself as someone that prioritizes empathy, tenacity, and a high level of attention to the service that those businesses provide. Tim, HD and White Glove have announced a merger with Private Equity partners Ascend.

Tim’s love and passion for his career is evident through his work. He truly enjoys helping his clients and team become more successful. Making a positive impact on how those around him live their lives is exceptionally rewarding for him.


Meet the Host

Randy Crabtree, CPA

Randy Crabtree

Randy Crabtree, co-founder and partner of Tri-Merit Specialty Tax Professionals, is a widely followed author, lecturer and podcast host for the accounting profession.

Since 2019, he has hosted the “The Unique CPA,” podcast, which ranks among the world’s 5% most popular programs (Source: Listen Score). You can find articles from Randy in Accounting Today’s Voices column, the AICPA Tax Adviser (Tax-saving opportunities for the housing and construction industries) and he is a regular presenter at conferences and virtual training events hosted by CPAmerica, Prime Global, Leading Edge Alliance (LEA), Allinial Global and several state CPA societies. Crabtree also provides continuing professional education to top 100 CPA firms across the country.

Schaumburg, Illinois-based Tri-Merit is a niche professional services firm that specializes in helping CPAs and their clients benefit from R&D tax credits, cost segregation, the energy efficient commercial buildings deduction (179D), the energy efficient home credit (45L) and the employee retention credit (ERC).

Prior to joining Tri-Merit, Crabtree was managing partner of a CPA firm in the greater Chicago area. He has more than 30 years of public accounting and tax consulting experience in a wide variety of industries, and has worked closely with top executives to help them optimize their tax planning strategies.