The Great Consolidation: Is your ‘Local’ Accountant still local?
It’s been a busy few weeks in the world of UK accountancy. If you’ve been keeping an eye on the trade press: or just noticing the signs changing on the high street: you’ll have seen a flurry of activity that suggests the “Great Consolidation” is moving into a higher gear. In just the first week […]
Are Accountancy Practice Valuations UK Peaking? 5 Reasons 2026 is a Critical Year for Your Exit
Hi, I’m Peter Watson. If we haven’t met yet, I spend my days (and sometimes my evenings) deeply immersed in the world of accountancy practice mergers & acquisitions. Unlike the big corporate houses or call-center-driven brokerage firms, I work one-on-one with owners. I’ve seen the market shift from the "good old days" of simple multiples […]
Does the 1.2x GRF Multiple Really Matter in 2026? The Truth About UK Accountancy Valuations
If you’ve been in the UK accountancy world for more than five minutes, you’ve heard the "magic" number: 1.2x GRF. For decades, the Gross Recurring Fee multiple has been the holy grail of accountancy practice valuation. Sellers want it, buyers fear it, and brokers have used it as the standard yardstick for almost every practice […]
Are Accountancy Practice Valuations UK Peaking? 5 Reasons 2026 is a Critical Year
If you’ve been keeping an eye on the market lately, you’ll know that accountancy practice valuations in the UK have been on a bit of a tear. But as we move through 2026, many owners are asking me the same question: "Peter, have we hit the ceiling?" In my 30 years in the profession, I’ve […]
Does the 1.2x GRF Multiple Still Matter in 2026? The Truth About Accountancy Practice Valuations UK
For decades, the "1.2x GRF" (Gross Recurring Fees) figure has been the holy grail of accountancy practice valuation in the UK. It was the benchmark every retiring accountant whispered at regional networking events and the baseline every broker put in their pitch decks. But as we sit here in May 2026, the landscape has shifted. […]
Does a 1.2x GRF Multiple Still Matter in 2026? The Real Truth About Accountancy Practice Valuations UK
For decades, if you asked any retiring accountant what their firm was worth, they’d likely give you a quick, confident answer: "1.2 times my Gross Recurring Fees." It was the gold standard, the industry’s comfort food. You take your recurring fees, multiply by 1.2, and that’s your retirement fund sorted. But as we sit here […]
Accountancy Practice Valuations UK: 5 Reasons Why 2026 is a Critical Year for Your Exit
If you’ve been running your firm for a decade or three, you’ve probably seen it all. You’ve navigated the transition from paper ledgers to desktop software, and then from desktop to the cloud. You’ve weathered economic downturns, tax regime overhauls, and the constant hum of "disruption." But as we move through 2026, the landscape for […]
Accountancy Practice Valuations UK: 5 Reasons Why 2026 is a Critical Year for Your Exit
If you’ve been running your firm for a decade or three, you’ve probably seen it all. You’ve navigated the transition from paper ledgers to desktop software, and then from desktop to the cloud. You’ve weathered economic downturns, tax regime overhauls, and the constant hum of "disruption." But as we move through 2026, the landscape for […]
Does a 1.2x GRF Multiple Still Matter in 2026? The Real Truth About Accountancy Practice Valuations UK
For decades, if you asked any retiring accountant what their firm was worth, they’d likely give you a quick, confident answer: "1.2 times my Gross Recurring Fees." It was the gold standard, the industry’s comfort food. You take your recurring fees, multiply by 1.2, and that’s your retirement fund sorted. But as we sit here […]
Are Accountancy Practice Valuations UK Peaking? 5 Reasons 2026 is a Critical Year for Your Exit
If you’ve been keeping an eye on the market lately, you’ll know that the last couple of years have been a bit of a whirlwind for anyone looking to sell an accountancy practice in the UK. We’ve seen a surge in interest, a flood of private equity money, and valuations that frankly made some of […]