Sixty-three percent of the more than 1,000 M&A professionals, investors, and advisors surveyed recently by Big Four firm KPMG LLP believe their US companies or clients will initiate at least one acquisition next year.
With merger mania heating up in the accounting world, it's likely most firms are either being eyed or are ogling another firm to achieve growth or, in some cases, to achieve a combination of growth for some partners and succession for others.
Tax season 2013 is over and the M&A frenzy will pick back up again where it left off. So, what's your practice worth? What can you expect whether you're a buyer or seller? One thing is for sure – baby boomers are selling at a rate the profession has never seen before.