Accounting Firm Mergers: Your Path to Success
Two of the main solutions companies turn to when struggling to survive in today’s volatile business climate are sales and merges. In a sale, one company purchases outright any tangible
or intangible assets of the company looking to sell. Assets might include a single division, equipment, or intellectual property. In a merger, two separate entities combine to form a single legal entity. All assets of each entity are retained by the surviving entity.
Mergers & Acquisitions (M&As) are typical for accounting firms to grow, allowing them to expand their expertise, become more competitive, and reach new markets. However, every accounting firm M&A is different, with no one-size-fits-all approach that guarantees success.
This E-book reviews the cause of the rise in accounting firm mergers, items sellers and buyers should keep in mind, and how buyers should prepare.
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Lee Norcross, MBA, CPCU
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L Squared Insurance Agency, LLC ® DBA in California as
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