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ZBS Group LLP Acquires Fourth CPA Practice in Succession Deal

Summarized from All Financial Services & Investing

ZBS Group LLP has been chosen as the succession partner for Joseph Rabinowitz's tax and accounting practice, marking the firm's fourth such transition.

ZBS Group LLP Acquires Fourth CPA Practice in Succession Deal

ZBS Group LLP, the Plainview, New York-based accounting firm led by Michael Zaidman, CPA, has been selected by Joseph Rabinowitz, CPA, as the successor for his tax and accounting practice, the firms announced Nov. 3, 2026. The agreement marks the fourth CPA practice transition completed by ZBS Group LLP, further establishing the firm as a recurring destination for accounting professionals seeking a trusted handoff for their client base.

Practice succession has become an increasingly significant issue within the accounting profession, as a generation of sole practitioners and small-firm owners approaches retirement without clear internal successors. By repeatedly stepping into that role, ZBS Group LLP is positioning itself as a structured solution to a broader industry challenge, absorbing established client relationships while offering continuity of service.

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Michael Zaidman, who also holds credentials as a financial advisor in addition to his CPA designation, leads the acquiring firm. The dual expertise may be a draw for retiring practitioners whose clients require both tax compliance work and broader financial planning services under one roof.

The transaction underscores a consolidation trend playing out across smaller accounting firms nationwide, where mergers and succession agreements are increasingly preferred over client attrition or abrupt practice closures. For clients of Rabinowitz's practice, the transition to ZBS Group LLP is intended to provide an uninterrupted service experience.

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Frequently Asked Questions

Q.What is ZBS Group LLP and who leads it?

ZBS Group LLP is an accounting firm based in Plainview, New York, led by Michael Zaidman, who holds both a CPA designation and credentials as a financial advisor.

Q.How many CPA practice transitions has ZBS Group LLP completed?

The acquisition of Joseph Rabinowitz's practice marks the fourth CPA practice transition completed by ZBS Group LLP.

Q.Why do CPA firms pursue succession partnerships instead of simply closing?

Succession partnerships allow retiring practitioners to transfer established client relationships to a trusted firm, providing continuity of service for clients rather than an abrupt closure or client attrition.

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