What's behind the recent explosion of mergers and acquisitions in the accounting profession? The answer is self-evident.Mergers and acquisitions are the most efficient way to achieve a number of universal goals, including implementing an exit strategy; creating buy-in and buy-out opportunities; increasing the value of a practice through business development; increasing cash flow, economies of scale and profitability; gaining market share; adding new services and geographic markets; acquiring and attracting professional talent; and attracting superior clients.

An acquisition strategy

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