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Professional Insights

Understanding the current M&A market

Sep 04, 2024 · 3 min read · AICPA & CIMA Insights Blog

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At the AICPA & CIMA ENGAGE conference earlier this year, the sessions on M&A had some of the highest attendance among practice management topics, attracting CPAs from firms of all sizes. Two of the key factors driving this interest are:

  • The significant number of Baby Boomer and even some Gen X firm owners heading toward retirement. That passing of the baton to new owners has been a major factor in M&A activity.

  • The entry of private equity (PE) buyers into

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