Everyone is Aware of Private Equity in Accounting. The true catalyst behind the surge in mergers and acquisitions (M&A) and private equity (PE) transactions is the widespread lack of qualified succession teams. Either a succession team does not exist, is not large...
Looking Forward. Although we still have a few months left in 2024, most firms that are making significant moves are already deep in those processes. The time to create your firm’s plan for 2025 and beyond is now to enable enough time for proper implementation and...
Colliding Factors There is so much change occurring that many firms are trying to assess major steps. The 800-pound gorilla in the room is private equity, but that is not the primary driver. The core driver is aging leadership. The sub-drivers are diminished...
Accounting firms have long used benchmarking, but are they leveraging it to understand the drivers behind each metric? In our latest video, Bob and Doug Lewis present a session on the importance of Revenue per Professional Head (RPH) and how secondary metrics enhance...
The value multiple may look the same, but that is only one piece of a deal structure. Beyond financial elements, there are intangibles. Are you a platform or a tuck-in? Do you have input into the direction of the firm?
M&A Activity Remains at All-Time Highs We have experienced a substantial uptick in Managing Partners of $5M to $100M+ firms contacting us weekly with similar concerns: Meeting increasing retirement obligations Weighing the risks of remaining independent with the...
