CURRENT ISSUE
Once an accounting firm has client engagement sorted, and preferably automated, the business becomes more profitable and easier to sell.
RECENT ISSUES
If you own your practice, proactive estate planning can enhance your legacy, support your loved ones and protect your staff.
The sale of an accounting firm requires careful planning and strategy. Transaction advisor Kev Ryan shares his insight into the essential ingredients for sale success.
For a successful strategic partnership after a merger, flawless due diligence and complete cultural alignment are essential.
Many think the biggest challenge in selling an accounting business will be in haggling over the price. But agreeing value, Kev Ryan says, is the easy part.
When the demands of his accounting business became overwhelming, Maurice Sucevic found a way to continue doing what he loved, without all the admin.
With a significant number of accounting firm owners looking towards a well-deserved retirement over the next decade, the industry will see an increasing number of mid-tier practices in the mergers & acquisition market.
Hartnett & Co’s significant client portfolio appealed to Progression Group, aligning with their areas of expertise and presenting a strategic opportunity to expand their client base and enhance efficiencies.
The journey towards the partnership with Carbon Group started from the realisation that as successful as MG Partners was, Mike and George needed to have a succession plan in place.
There are over 37,400 accounting businesses in Australia, according to IBIS World. The majority are small to medium enterprises (SMEs).
Each February, Australia Day sees the summer break come to an end and with school recommencing, Accountants that have been considering the year ahead start calling my office.
Accounting firms, known for their meticulous number-crunching skills, often find themselves embroiled in complex staffing issues when it comes to mergers and acquisitions.
As the year comes to an end, I thought this December Issue of The Deal could cover a recap of the year’s transactions
Malcolm had been working in his firm for over 20 years and business had plateaued. He wanted to expand but didn’t have the time, capacity, or resources.
A spate of mergers and acquisitions in the accounting industry shows the dynamics around consolidation have changed dramatically since the pandemic.
A spate of mergers and acquisitions in the accounting industry shows the dynamics around consolidation have changed dramatically since the pandemic.
In the dynamic world of business, growth strategies play a defining role in achieving long-term success.
TC & Co Consulting is a Sunshine Coast based accounting firm that Kev Ryan helped progress to the next level through a business sale process with the Gild Group.
Last month, I was fortunate enough to be invited to speak with the CPAs Sunshine Coast discussion group on the topic of Accounting Practice M&A.
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"Put simply, Kev is genuine in that he has a real passion to match up good people with outcomes that are a win-win"
Mason Dunn
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“It comes down to personality at the end of the day. If we didn’t have someone like Kev as a filter, the deal may not have gone through."
Nicholas Zoch
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"We just have more freedom now and the opportunity for a clear succession plan – and that’s exactly what we wanted. Thanks, Kev."
Mike & George
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“More than technical and business-related support, Kev gave me the emotional support I needed as I made a big decision for the business.”
Tamara Cross
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"Whilst his approach is relaxed, he knows when to get firm. You definitely want Kev Ryan negotiating for you!”
Malcolm Chilman