Mergers and acquisitions between CPA firms are expected to continue at a strong pace this year, particularly among small to midsized regional firms, according to a new book on acquisition strategies published by American Institute of CPAs.
The main drivers behind this trend include succession planning, cross-selling opportunities and market share expansion, say Joel L. Sinkin and Terrence E. Putney, CPA, co-authors of “CPA Firm Mergers & Acquisitions: How to Buy a Firm, How to Sell a Firm, and How to Make the Best Deal."
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