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Accounting CPAM&A Activity

Deal flow, active acquirers, and current market trend - based on 5real disclosed M&A transactions in the accounting cpa space. Run the calculator below to price your business at current multiples.

5 disclosed deals2 with EBITDAMarket: consolidating

State of Accounting CPAM&A in 2026

The accounting cpa M&A market is tracked across 5 disclosed transactions in the ExitValue.ai database (2 with EBITDA disclosed, 5 with revenue). The current market trend is consolidating.

Active acquirers include Baker Tilly (Hellman & Friedman), CBIZ Inc., Blackstone, New Mountain Capital. Recent named transactions: Moss Adams LLP (2025); Marcum LLP (2024); Citrin Cooperman (2024).

Premium valuations in accounting cpa are driven by advisory revenue as 40%+ of total (advisory commands higher multiples than compliance); partner age diversity (not all partners retiring within 5 years); modern technology stack (cloud-based workflows, automated firms get bought first).

What compresses valuations: 100% compliance revenue with no advisory (locks you into 0.8-1.2x revenue range); all partners within 5 years of retirement (buyer is acquiring clients with no operating team); single-client concentration above 15% of fees.

Source: SEC filings, EDGAR 8-K/S-4, and verified press releases. Run the calculator below to see the specific multiples that apply to your business.

Recent named M&A deals in accounting cpa

Most-recent disclosed transactions. Click any deal for full detail (multiples, financials, source).

Moss Adams LLPBaker Tilly (Hellman & Friedman)
2025
Marcum LLPCBIZ Inc.
2024
Citrin CoopermanBlackstone
View deal →
2024
Marks Paneth LLPCBIZ Inc.
2022
Citrin CoopermanNew Mountain Capital
2021

Sourced from SEC filings, EDGAR 8-K/S-4, and verified press releases.

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What drives a premium valuation

  • Advisory revenue as 40%+ of total (advisory commands higher multiples than compliance)
  • Partner age diversity (not all partners retiring within 5 years)
  • Modern technology stack (cloud-based workflows, automated firms get bought first)

What compresses valuation

  • 100% compliance revenue with no advisory (locks you into 0.8-1.2x revenue range)
  • All partners within 5 years of retirement (buyer is acquiring clients with no operating team)
  • Single-client concentration above 15% of fees

Accounting CPA valuation: common questions

How is a accounting cpa business valued?

Accounting CPA businesses are valued by benchmarking against comparable completed M&A transactions, then adjusting for the specific business. Owner-operator practices are typically priced on an earnings or seller-discretionary-earnings basis, while businesses at platform scale shift toward institutional earnings-multiple methodology. The ExitValue.ai engine selects the methodology that the comparable deal set actually used and adjusts for margin quality, growth, owner dependency, customer concentration, and recurring-revenue mix.

What drives accounting cpa valuation?

The biggest value levers in accounting cpa are recurring or repeat revenue, owner independence (the business runs without the founder), customer diversification (no single client dominates), a credible growth trajectory, and operating-margin quality relative to the vertical. In this space specifically, buyers pay up for advisory revenue as 40%+ of total (advisory commands higher multiples than compliance); partner age diversity (not all partners retiring within 5 years); modern technology stack (cloud-based workflows, automated firms get bought first).

How many accounting cpa M&A deals are tracked?

ExitValue.ai tracks 5 disclosed accounting cpa M&A transactions, 2 with EBITDA disclosed, 5 with revenue disclosed, sourced from SEC filings, EDGAR 8-K/S-4 documents, and verified press releases and refreshed daily. Current market trend: consolidating.

Who buys accounting cpa businesses?

Accounting CPA businesses are acquired by private-equity platforms and roll-up consolidators, and strategic acquirers (larger operators in the same space). Recent named acquirers include Baker Tilly (Hellman & Friedman), CBIZ Inc., Blackstone, New Mountain Capital.

What is my accounting cpa business worth?

Run the ExitValue.ai accounting cpa calculator to see your business priced against the 5 disclosed accounting cpa transactions in the database. The engine applies adjustments for margin, growth, owner dependency, customer concentration, and recurring revenue mix to produce a tight range around the most-likely transaction value.

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