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Case Studies

Preparing an Accounting Services Firm for Sale

Company sold for 14X EBITDA

The Company: Provider of accounting services to long-term care facilities

The Issue: Pre-sale Due Diligence – prepare the company for a sale

The Work:

  • Performed internal due diligence and created a gap list
  • Managed the conversion of the accounting method from Cash to Accruals, and oversaw the company’s first annual audit
  • Managed the creation of service agreements and all other legal documents needed for customer and supplier relationships
  • Interfaced with M&A consultants to provide and explain all due-diligence information
  • Worked with the Seller’s corporate attorneys to negotiate transaction terms & conditions, and to close the sale to an ESOP
  • Supported ESOP implementation
  • Assisted in hiring a corporate CFO


  • Interim CFO
  • Pre-Sale Due Dilligence
  • Exit Strategy
  • M&A Assistance


  • Financial Services
  • Accounting & Bookkeeping Services