Abbey Taylor on LinkedIn: #investmentfunds #regulatorylandscape (2024)

Hellman & Friedman and Valeas have purchased a majority stakehold in Baker Tilly, the largest accounting firm to be bought by private equity in the US. They are now targetting becoming the 5th largest accounting firm in the US by overtaking CLA, FORVIS, Grant Thornton, BDO and RSM.This would mean multiplying net revenue by 2.5x through organic and inorganic growth. I can see a lot of this growth coming from forensic, valuation and litigation services as the global forensic accounting market has been projected to reach $11.68 billion by 2031.Private equity has its advantages and disadvantages. PE backed firms can experience huge growth - take JS Held or Stout in recent years. However they can be ruthless when it comes to cost cutting. How would you feel if your firm was purchased by PE?#bakertilly #privateequity #forensicaccounting #valuation #litigation

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An increasing number of Accountancy Firms are seeking outside funding for a buy and build strategy, taking pressure of partners for funding or finding ways to release capital to partners.Private Equity (PE) firms will require an exit at some point, trade sale, sell to another PE firm or flotation on a public market. The track record of listed accountancy firms is not great so will the exit more likely to be a trade sale to Financial Services sector firm that sees synergies?Will the lack of partnership prospects put off the talent pool?One positive aspect might be the need to retain independence of the Audit Offering of firms so actually achieving the split in services and conflicts desired by regulators #privatequity#Professionalfirmshttps://lnkd.in/eqWaqY-R

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🤝 The case in point involves a longstanding client of IMD Corporate, with whom we have maintained a professional relationship for nearly a decade. 🌍 The client recently undertook a significant restructuring of their company, which has operations across various areas, including the United Kingdom. This restructuring involved the creation of a UK-based holding company to oversee the group’s companies. ⚖️ This analysis delves into the legal complexities surrounding this restructuring, focusing on compliance with tax legislation, regulatory requirements across different jurisdictions, internal governance, and future planning for share distribution among key management personnel and investors.Read more 👉 https://lnkd.in/drs86yju

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Great to feature in Accountancy Daily this morning, discussing the interest of private equity in the professional services sector, the impact of generative Al, and whether the flurry of dealmaking activity will continue. https://lnkd.in/et7KWNBVYou can read the full piece here:

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Financial services is a key strategic focus for our firm and our investment in high quality advisory expertise in AND outside of London enables us to help our clients navigate an increasingly complex regulatory environment.#FinancialServices #UK #SouthWest

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There is undoubtedly a growing interest in the Professional services sector among PE firms, particularly for smaller companies that can be aggregated as reported in The Times #professionalservices

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In a survey of almost 200 US-based #mergersandacquisitions professionals (including #privateequity #investors, corporate development officers and #legalcounsel) who had completed more than 1,300 deals last year, Grant Thornton recently found that approximately half of their deals wound up in some form of #accounting dispute.Deals Accounting Advisory practice of Grant Thornton Bharat LLP can help you navigate these challenges as you focus on building and integrating your businesses. Sumeet Abrol Raja Lahiri Ajith Thambi Samir Malik Keyur DaveAlmost half of M&A deals get disputed.Stay in the other half. Read our survey report: https://lnkd.in/gDbSdApS

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Join BDO on 2/28 to learn how early transaction planning can maximize tax-efficient wealth transfer strategies. https://bit.ly/3I3cqmh

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Mazars was delighted to provide strategic deal advisory services to the Kings Group which resulted in multiple separate transactions being concluded with successful parties, offering the clients, staff, and management a suitable outcome. The owners are now able to concentrate on their re-focused strategic directions of the remaining family business and investment plans.Read more about the Kings Group strategic deal in our latest case study here: http://maza.rs/6048cdzB0#MazarsinAustralia #financialadvisory #dealadvisory

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Here is our 2023 Governance Impressions Report, which delves into the Company Secretarial and Governance Practices of Australia's Top 100 ASX Listed Companies based on market capitalisation. You can access the report at https://lnkd.in/gdQAEbsJ#corporategovernance #companysecretary #asx