insights for cpa firms

We are living at a time when—if you are not being contacted by a PE group or broker on behalf of PE—you need to scratch your head and wonder why! PE continues to disrupt and continues to modify the scale of acquisitions. Bigger is still better; generally, firms with annual volume of $3-$5 million are at the low end of PE targets. M&A—whether PE-driven or not—is not the answer for every firm. But every firm should be ready with the right questions to properly conduct first-pha

Consolidation is reshaping the accounting firm landscape. M&A, private equity, capital investment, and other moves have led to the disappearance of many independent, local CPA firms — especially those with 20 to 50 team members or $5 million to $10 million in annual sales. Ironically, these are the firms that many acquirers seek! In a recent Accounting Today article (login required) , Ira Rosenbloom explained why being a $5 million to $10 million firm is a sweet spot not onl

The post-pandemic period has been a golden era for many CPA firms, with meaningful gains in both top-line growth and bottom-line performance. Yet with all that momentum has come new pressures. Firms are busier than ever and facing greater challenges. For firm owners, the nonstop demands of client service can make it difficult to focus on the business side of a successful firm. With talent challenges mounting and capacity stretched thin, many leaders find that maintaining a he

In today’s hyperactive CPA firm M&A market, buyers are circling many of the same opportunities. Private equity and alternative investors...

Private equity is shifting the landscape but that doesn’t mean it’s the only path forward. Whether you're growing, selling, or simply...

Trust is important in retaining team members at every business, especially CPA firms—and one of the best ways to build and preserve trust...

Private Equity (PE) has certainly been a headline-grabber these days—and it will likely continue to be so. Of course, taking a step...

CPA firms sometimes believe that M&A success comes when the deal closes. But that’s only the beginning. True M&A success is achieved...