With 30 June fast approaching we thought we'd keep this really brief.
We are delighted though to have our third new listing in three weeks.
This latest listing is our first in the ACT: a very profitably and well run practice with an attractive client base. Check out the details below.
Despite the pace for owners of accounting firms being unrelenting there continues to be a lot of activity in the M&A space, and plenty of interest from buyers:
* A $495,000 Geelong region practice listed last week has already had 32 buyers express interest;
* A $2,150,000 Melbourne practice listed two weeks ago has had 29 buyers express interest;
* A $900,000 Gold Coast practice listed in late May has had 46 buyers express interest and is fast approaching Heads of Agreement stage.
We have said this before: if you are an eager buyer you need to move quickly when you see a firm of interest, have your financing lined up and more purposefully through the deal process. Or you will miss out.
As always, feel free to reach out to firstname.lastname@example.org or email@example.com for a confidential discussion about the state of the market and what it may mean for you individually.
We'd also love to connect with you on LinkedIn. You can follow DMY here DMY LinkedIn.
Daniel and Mark