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Numbers game: how to value and price accountancy firms

Accountancy Age IN AN AGE of continued economic uncertainty and increased competition, where organic growth is difficult to achieve, there are considerable advantages to M&A for accountancy firms. Improving a firm's market position, extending geographic, service and sector reach, acquiring new talent and additional clients are just some of the benefits. However, acquiring firms should be aware of risks that may crystallise after the deal is concluded and ensure that the target practice is not overpriced on...     

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