Today’s Top Trends in Deals and Valuations for CPA Firm Mergers and Sales
The eight most important facts in settling on a multiple.
With the merger-and-acquisitions frenzy showing no signs of slowing down, practice owners seem to be checking almost daily: What’s my practice worth?
“One thing is for sure,” says Gary Adamson, former CEO of Brady Ware, a top 200 firm, now providing advisory services for firms across the country, “Baby Boomers are selling at a rate that the profession has never seen before.”
It’s still a sellers’ market, he says. But that could change soon, he says, citing “the demographics and the thousands of practices that will soon come onto the market.”
In this report, Adamson addresses:
- the question of valuing a practice
- two basic types of deals
- the value of a multiple
- eight critical components to making a deal
- the effect of size of practice on valuation
- profitability
- down payment
- transitions READ MORE →