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Private equity in accountancy: what does it mean for owners, partners, staff, and clients?
There’s been an explosion in Private Equity (PE) firms investing in accountancy practices over the last two years.
And interest appears to remain high, judging by reports in the media, and industry research.
According to a paper by Accountancy Europe, PE activity in the accountancy sector across Europe surged from 10 to 20 deals a year pre-2022 to about 200 in 2024. And the country leading the way? the UK – with 40% of the deals within that total being British firms.
Indeed, a recent TaxCalc survey suggested 62% of firms had been approached by PE investors.
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