The market for accounting firms
So far the last quarter has been extremely buoyant.
There remains a pent up demand for accounting firms. As a result, this has led to both higher cents in the dollar and higher EBIT multiples.
Transactions at this time of the year are usually quite. However, we have witnessed unprecedented sales in this quarter alone and predict that, after the holiday season, the momentum will continue.
This is great news for the Accounting profession and reflects the confidence within the market.
Confidentiality and discretion are the hallmarks of the Accounting Profession and naturally this includes information on both Sales and Purchases of practices.
JADEJA PARTNERS are approached on a daily basis to negotiate and advise on clients’ behalf.
We would like to take this opportunity to tell both clients and potential clients that – no matter what size or type their practice is – there are eager buyers in the market.
We are always happy and available to give up-to-the-minute and relevant advice at any time.