Accounting Firm Seeks Capital Partner, Texas
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Asking Price
$17,000,000
Detailed Information
Not disclosed
Business Description
This accounting firm is on a strong financial trajectory, projecting an EBITDA of $4 million in 2024 with $8 million in revenue. Specializing in tax, payroll, and bookkeeping services, 40% of its revenue comes from recurring clients. The firm is looking for a capital partner to support its growth plans through acquisitions. The owner is seeking a majority recapitalization at approximately 6.5 times EBITDA to drive an aggressive expansion strategy. With a solid foundation and impressive financial performance, this business is positioned for rapid expansion. By partnering with a capital investor, the firm aims to accelerate growth through strategic acquisitions. The primary focus is on leveraging its expertise in tax, payroll, and bookkeeping services to further enhance its market position and capture new opportunities. This opportunity presents a lucrative prospect for potential investors looking to capitalize on the company's upward trajectory and solid business fundamentals. This established business is seeking a capital infusion to propel its growth strategy forward. Operating in the business services
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