Growing Accounting Firm Looking to Collaborate/ Network

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April 22, 2021

by a searcher from Baruch College-The City University of New York - The Zicklin School of Business in Los Angeles, CA, USA

Hi,

I am a CPA with prior Big 4 experience. I opened my own practice 2 years ago and have seen good growth. I can continue to pursue organic growth, or I can look to "combine forces" with others in the space.

Does anyone here have experience with M&A of Accounting firms? Or has someone taken a service firm from small (3 employees) to larger (around 10 employees and 7 figures)?

Thank you in advance!

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Reply by a searcher
from Indian Institute of Technology, Madras in Chennai, Tamil Nadu, India
Michael, would you be open to exploring building out AI-copilots for account services? We are looking for a partner. The upside is that the valuation multiples of an AI-backed services co. is a lot better than traditional CPA services.

I have done 0 to exit in the AI space once and have delivered good venture returns for investors.
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Reply by a professional
from University of Miami in New York, NY, USA
Michael - I have actually represented a CPA firm in a merger with another. I'd be happy to share my insight and provide assistance. Feel free to contact me: redacted and###-###-#### .
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