The Wednesday Lowdown ⬇️

If you're new around here, every day I share the 4-5 best accounting insights I saw in the past 24 hours.

I scroll. so you don't have to.

💎 WTF of the Day

EY Bails on Downtown, Grabs Midtown’s Newest Toy

EY (yep, the giant accounting firm) is packing its bags and leaving its old downtown Atlanta office. Instead, they’re moving into Midtown’s shiny new Spring Quarter tower, three full floors, coming summer 2026.

Why? Same reason everyone ditches their starter apartment for a penthouse: the new place is flashier, cooler, and doesn’t smell like 2008.

Meanwhile, their old building just got handed back to its lender in a $57.8M foreclosure deal, almost 30% less than what it sold for just five years ago. That’s like buying Bitcoin at the top.

Source: The Atlanta Journal

💎 What’s poppin in accounting

Grant Thornton Buys Stax

Grant Thornton Advisors is acquiring strategy consulting firm Stax, known for private equity due diligence and growth planning. The deal strengthens Grant Thornton’s M&A advisory team, which already works with 60% of the top 10 global PE firms.

Stax brings 300 consultants, a tech driven approach, and strong PE relationships, boosting Grant Thornton’s commercial diligence and value creation services.

You’d think they'd mention the sticker price somewhere! No dice. Still waiting on anyone dishing the deal’s value.

Source: citybiz

 📊 Weekly Trend Chart

Chrome’s on the chopping block

The DOJ wants to break up Google’s grip on search, and their latest move, they’re asking a judge to force Alphabet to sell Chrome. Chrome runs 67% of global browsing, and it’s the main funnel into Google’s $49B ad business.

If another company owned Chrome, Google might have to pay like the $20B it already shells out to Apple, to stay the default search engine. Problem is, there aren’t many buyers who could handle it without running into their own monopoly issues.

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