analytics

SERVICES

Accounting and bookkeeping firms come in all different shapes, sizes and cultures. DMY’s singular focus is supporting owners with the successful sale, partial sale or merger of their practices and we have successfully sold around 50 practices over the last couple of years.

 

DMY operate nationally and have clients all over Australia.

 

It has never been a better time to sell your accounting practice. There are a large pool of active buyers, sale prices are healthy and commercial terms favourable to the seller. Our latest Market Data release reveals that buyer numbers and selling prices remain healthy with clients in metro locations seeing their practices sold for an average of 110 cents in the dollar and often much higher. To see DMY's latest Market Data click here:  DMY Market Data - April 2023

 

With an average of 76 interested buyers for each metropolitan practice for sale, quantity of buyers is typically not the issue. The DMY difference is that we take the time to understand the culture, expectations and priorities of our client, the seller. Only when we are comfortable there is a strong alignment with a potential buyer do we introduce the parties to explore and construct a successful deal for both parties.

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Looking to sell or merge your Practice?

DMY are Australia's market leaders with the reach, relationships and results to help you achieve your goal.

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Sales and Mergers

 As the leading M&A specialist and business broker for the accounting and bookkeeping industry, we offer practice owners:
 

  • DMY only represents sellers:  Unlike our competitors, we do not represent buyers to avoid conflicts of interest and bring the largest pool of suitable buyers to the table for our selling clients.

  • A dynamic, diverse and highly professional team: Led by Mark and Daniel who are hands-on and supporting clients every step of the way as their trusted advisors. We are also unique in having a former Practice Owner on our team as Client Mentor.

  • Unrivalled reach & expanding network: Our fortnightly Market Updates reach 7,000+ industry professionals, we invest significantly in digital marketing, and present regularly at CPA and other industry events.

  • Data driven: DMY is unique in regularly publishing market data including selling prices, buyer numbers and much more. Our extensive use of data gives clients confidence they are selling for the right price.

  • A great client experience:The most professional sale process: a robust appraisal methodology, proactive and transparent communication, a high-quality Information Memorandum, and our unique DealTracker reporting tool.

  • Deep capability & market knowledge: 40+ years combined  of M&A experience and detailed understanding of the Australian market at a national and state level.

  • Strategic & candid advice: We are seen as trusted advisors to our clients and have built a reputation for strong counsel and telling then what they need to know not what they necessarily want to hear.

  • Track record of success: Delivering outstanding value and results for our clients.

 

In addition to external sales and mergers, DMY also works with practice owners:

1. Who want specific support on a direct sale to a third party  - for example where they have been approached by another firm and need help getting the deal over the line; or

2. Are looking to execute an internal succession - by selling all or some of their equity to one of their team; or

3.Want to exit over the medium term (2-5 years) and want to understand the value of their practice today and identify opportunities to get it into best possible shape prior to going to market.

4. Who don't want to exit but are looking for a partner to invest in their business and help fuel their next wave of growth.

 

Looking to understand more about what's involved in selling your practice and the options available? We regularly publish our insights on these topics and our top tips to set owners up for a successful sale outcome.  Access them here: Insights for Practice Owners

We partner clients through every stage of their journey to sell, and exit from, their practice to help them achieve what's most important to them as efficiently as possible

Before

Preparing your firm for sale

During

Executing a deal with
the right buyer

After

Smooth transition and
Integration