Brokers have been engaged and the organisation is working towards the move which it hopes will raise investment capital.
As yet there is no firm date and no clear indication of how much cash will be raised, but Jobtel expects the figure to be much less than the £50m raised by Tenon.
Earlier this year, AccountancyAge.com revealed Jobtel announced it had handed leadership of the consolidation programme to a Morgan Brown & Spofforth to speed up the process.
Jobtel aims to acquire firms valued between £2m to £10m to create a nationwide network of firms. But it appears to have stood still while rival Tenon has moved towards a top ten firm status.
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.