How to Acquire a Tax Advisory Firm in Latin America: Valuation, Partner Economics, and Integration
Tax advisory firms in Latin America trade at 8x to 12x EBITDA when recurring revenue tops 70%, above the 6.7x regional median. Buyers acquire a tax advisory firm in Latin America by valuing recurring compliance revenue, structuring partner rollover equity of 5% to 20%, and managing client concentration below 15%. Latin America recorded 2,650 M&A […]