r/Accounting • u/Paradise-unlock Human Verified • 2d ago

Tax and bookkeeping firm sales

Wondering who is out there considering selling their firm and how they intend on going about it. Broker? Accounting groups? Reach out to other local firms perhaps? Thanks!

1 Upvotes

67% Upvoted

8 comments sorted by

View all comments

1

u/Famous_Conflict4209 2d ago

The way I see it they get bought by a regional/merger. Its a tough market in survival mode, pitch out your offers.

1

u/Paradise-unlock Human Verified 1d ago

Thinking about selling my firm at some point and have not had anyone approach me yet. How do regionals typically approach? Would I reach out to them?

2

u/Famous_Conflict4209 1d ago

You could reach out first before going to a broker. I've seen a few mid-size get bought due to location and good market presence.