COVID-19 Has Slowed Mergers, But Market is Still Active | Robert Fligel, The Trusted Professional
By: Chris Gaetano Published Date: Jul 9, 2020 Robert Fligel, a consultant specializing in CPA firms who spoke at a recent NYSSCPA CPE event, said that while the global pandemic has slowed merger-and-acquisition activity among CPA firms, it has by no means stopped, and there remain many opportunities for owners looking to sell or merge their practices. Speaking on July 8 before members of the Society’s Small Firms Practice Committee, Fligel said that since the middle of March, he has had “a lot of meetings with buyers and sellers.” While the process is slower, as “the in-person meetings haven’t happened yet and timetables may be stretched out a little bit,”…