The pace will only accelerate.
by Rick Telberg
If you thought the pace of shakeout and consolidation among accounting firms couldn’t get any more frenzied, then just wait ’til next year.
When all the deals are tallied, the year could well have hit new highs in mergers and acquisitions in some markets, including New York, Florida, California, Texas and Illinois. Now those same markets seem poised to step it up a notch.
To one CEO of a regional firm based in the Northeast, the pace has gone beyond busy, to frenzied, to manic and, now, in his word, “panicked.” And he expects the trend to accelerate.