Mergers and Acquisitions

The majority of business owners are planning on the proceeds from the sale of their business to fund their retirement. However, the 2013 State of Owner Readiness Survey revealed that over 80% of business owners have no formal transition plan.

One of the nation’s leading professional service organizations, BDO USA, LLP is expanding its Texas presence through the acquisition of UHY Advisors’ Texas practice, including offices in Houston and Dallas.

The accounting firms of McCartney & Company, P.C. and Maner Costerisan recently announced a merger. Effective December 1, 2014, McCartney & Company, P.C. will be recognized as Maner Costerisan.

There is no such thing as a standard Letter of Intent (LOI). I’ve seen all types, ranging from some that look like a mini-merger agreement (long and sophisticated) to those consisting of little more than typewritten notes on the buyer’s letterhead (short

CohnReznick LLP, one of the largest accounting, tax, and advisory firms in the U.S., and the Maryland accounting, tax, and consulting firm of Watkins Meegan LLC, have completed the process of merging the firms uner the CohnReznick name.

CohnReznick LLP, one of the largest accounting, tax, and advisory firms in the U.S., and the Maryland accounting, tax, and consulting firm of Watkins Meegan LLC, have completed the process of merging the firms uner the CohnReznick name.

Online accounting software maker Xero has acquired Seattle-based online payroll company, Monchilla Inc. The move shows Xero’s continued commitment to the U.S. market to provide small businesses with an innovative cloud-based financial platform with ...

So what is technology’s role in all this activity? Unfortunately, in a lot of these deals, IT is involved too little and too late.