Your practice: The consolidators
Should I talk to the consolidators with a view to being bought out?
The correct answer is: ‘It all depends!’ I do, however, have a fewpointers that will help. Here’s what I understand the consolidators arelooking for right now:
As there are not that many firms that fullfil these criteria we areanticipating that the consolidators will look to non-accountancy firms andfirms who are smaller too.
There are only a few consolidators in the UK right now and we can expectmore in the future. You may be wiser to hold off for now and even thinkabout becoming a ‘mini’ consolidator yourself so that you are big enough tobe of interest when more players hit the market.