Accounting Practices

by a searcher from Brigham Young University

2 years ago

I'm curious if any searchers have experience investing in accounting practices. I have a Masters's in Accounting and am a CPA but my work experience has primarily been in private equity and SMB leadership. It seems like there is an opportunity to grow through acquisition and scale accounting practices by providing additional tax planning and value add services rather than primarily compliance services. Does anyone have experience here?

1 like
167 views
10 comments

lender from California State University, Sacramento - College of Business Administration

Looking at the original post from 2021, I can say that Live Oak Bank has been actively helping searchers acquire in the space. Licensing has been mentioned that with some situations, a CPA designation is required. However, in the last few years, the consulting, fractional CFO and bookkeeping niches have blossomed which don't necessarily require certifications. Happy to connect you with our Professional Practice team. --@----.com

9 months ago | like reply | 1 like

professional from Bentley University

Big opportunity. I've yet to see this play out as smoothly post closing as anyone ever intended though.

Perhaps that is how all rollups tend to go though. Happy to chat if helpful.

9 months ago | like reply | 0 likes

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