Even strong CPA firms lose significant value due to poor EBITDA normalization. Here are the most common mistakes buyers see — and how to avoid them.
Read MoreInsights
Practical insights and expert guidance on CPA firm M&A, valuations, EBITDA optimization, private equity trends, and exit strategies. Ashley-Kincaid provides timely, data-driven analysis to help CPA firm owners navigate sales, succession planning, and maximize firm value.
Average fee quality and pricing power is one of the key qualitative factors in 2026 CPA firm valuations. In LBO models, strong pricing can add up to +0.10x to your EBITDA multiple. Here’s how buyers score this factor and what you can do to strengthen your position.
Read MoreLocation is more than just where your firm is based — it’s a key qualitative factor that can add or subtract up to 0.4x from your EBITDA multiple. Here’s how buyers score geographic scalability and market position in 2026 and what you can do to strengthen your valuation.
Read MoreConsistent organic growth is one of the most powerful qualitative factors in 2026 CPA firm M&A. In LBO-based models, strong annual growth can add up to +0.5x to your EBITDA multiple. Here’s exactly how buyers score this factor and what proactive steps can significantly increase your valuation.
Read MoreHigh client concentration is one of the biggest valuation risks in 2026 CPA firm M&A. Even a single client representing 15–20%+ of revenue can trigger meaningful negative adjustments to your EBITDA multiple. Here’s exactly how buyers score this factor and what you can do to strengthen your position.
Read MoreYour service mix has a major impact on valuation. Firms with strong CAS and advisory revenue typically achieve higher multiples than those heavily reliant on seasonal tax work.
Read MoreAverage client fees and pricing power are key indicators of revenue quality. Buyers in 2026 pay close attention to these metrics when assessing a CPA firm’s QoE and long-term value.
Read MoreSelling your CPA firm at today’s strong multiples creates major tax planning opportunities. This guide covers QBI deduction optimization, deal structure tax implications, and strategies to maximize your after-tax proceeds in a high-multiple PE environment.
Read More