SURVEY: Mergers Spur Growth

Five businesspeople shaking hands under office skylightLeadership, succession planning remain challenges.

By August Aquila
The Rosenberg MAP Survey

The majority of my clients had a very good year in 2015.

MORE FROM THE SURVEY: Don’t Just Win Work, Figure Out Why | Talent Wars, M&A Frenzy Continue | Next-Gen Leaders Getting Restless | Mergers Keep Racing Forward  | Do You Have a Firm or a Co-op? | Accountability, Equity, Compensation Are Concerns | MAP Survey Top 10 Findings | CPA Firm Revenues Rise a Hefty 8%
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There were two primary reasons for their growth. First, many did more mergers than the year before, and second, they were acquiring more business advisory firms. One client told me that “they had enough accounting work and didn’t want any more, but would certainly be interested in acquiring a consulting firm.”