Five Things to Think about Before You Think about a Merger

Learn how to ask the right questions.

By Marc Rosenberg
CPA Firm Mergers: Your Complete Guide

As a generation of aging Baby Boomer partners marches towards retirement, thousands of firms are seeking the only exit strategy available to them – merge into another firm. Thus has a voracious appetite for mergers been created at all size levels, particularly:

  • Sellers who are sole practitioners (remember, 30,000 of the S.’s 45,000 CPA firms are solos and a huge percentage of those are at an advanced age) and multi-partner firms under $2 million
  • Buyers with annual revenues of $3 million and larger