Area of Focus
Private equity

Don Lipari

Industry and Private Equity Leader

About Don

Don Lipari is a partner and national industry and private equity leader at RSM US LLP. He is responsible for developing the firm’s overall industry and private equity strategies across the United States and Canada. He champions an industry-first perspective, enabling the firm to fulfill its vision and purpose to be the first-choice advisor to middle market companies and deliver the power of being understood in a manner that provides actionable insights and value for clients. Further, as the national private equity leader, Don also leads RSM’s strategic vision and capabilities to continue driving our leadership in the private equity (PE) channel, which is critical to the middle market. 


Don is an organizational strategist at the center of an ongoing firmwide effort to win with industry. By leveraging his extensive network at the firm, Don creates internal alignment to help ensure the delivery of an exceptional customer experience through the lens of the client’s industry. His leadership helps drive the power of understanding for the industries and entity types we serve. With his leadership, our functional teams provide solutions to help clients address complex issues unique to their industry. From supply chain to distribution channels to the competitive landscape, RSM brings industry, middle market, and technical depth of knowledge. 

Further, Don was a key team member who created a one-of-a-kind industry eminence program at RSM. The program builds industry-experienced leaders to help navigate the speed and scope of the ongoing digital revolution, offering industry analysis and perspective while providing forward-looking insights tailored to each client’s unique circumstances. 

Don prioritizes training and talent development to strengthen the firm’s industry capabilities. He works with teams to leverage specialized knowledge to differentiate RSM in driving growth for the middle market and identifying organizational and operational tactics that achieve best-in-class status by industry. Don stays focused on the mission and vision of the firm and uses that to guide his team to advance the strategy consistently. He is known throughout the firm for his ability to navigate change and build coalitions. 

In Don’s other primary role as a national private equity leader, he led the development of a successful PE practice from the ground up. He developed an integrated and holistic strategy to drive value creation for our private equity clients. He is a frequent speaker at industry conferences, where he strengthens RSM’s position in the private equity marketplace. 

Don’s role weaves through every part of the organization, from service to sector to geography. Don is an active member of the enterprise combined leadership team, innovation steering committee, and strategic planning committee and is the executive sponsor of RSM’s PRIDE employee network group. Before his industry role, Don was the managing partner of the New York office and has functioned as an assurance partner at RSM for more than 25 years. 

Professional affiliations and designations

  • Certified public accountant, New York 
  • New York State Society of Certified Public Accountants
  • American Institute of Certified Public Accountants
  • Big Brothers and Sisters of New York City, advisory board member


  • Bachelor of Science, New York University
  • Advanced Business Advisor Program, University of Chicago Booth School of Business