Merging? Protect Your Staff

Five young business people at work in an office setting.If your people matter, show it.

By Marc Rosenberg
CPA Firm Mergers: Your Complete Guide

When a CPA firm acquires or merges in a smaller firm, it is common for the seller’s staff to be employed by the buyer.

MORE: Cherry-Pick Your Merger Partner | 34 Steps to Implement a Merger | M&A: The Six Types of Due Diligence | Why Solo CPAs Need PCAs | Where Mergers Go Wrong
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In this situation, there are two very important documents to be executed between the buyer and the seller’s staff: