# The Current State of Accounting Firm M&A W/Todd Steinberg Page: https://stenobird.com/podcast/growing-your-firm-strategies-for-accountants-cpa-s-bookkeepers-and-tax-professionals-504625/the-current-state-of-accounting-firm-m-a-w-todd-steinberg Text version: https://stenobird.com/podcast/growing-your-firm-strategies-for-accountants-cpa-s-bookkeepers-and-tax-professionals-504625/the-current-state-of-accounting-firm-m-a-w-todd-steinberg.md Podcast: [Growing Your Firm | Strategies for Accountants, CPA's, Bookkeepers , and Tax Professionals](https://stenobird.com/podcast/growing-your-firm-strategies-for-accountants-cpa-s-bookkeepers-and-tax-professionals-504625) Published: 2025-04-03T09:00:00+00:00 Episode link: https://jetpackworkflow.libsyn.com/the-current-state-of-accounting-firm-ma-wtodd-steinberg Audio file: https://traffic.libsyn.com/secure/jetpackworkflow/GYF_070_Todd_S_4-3-25_AUDIO.mp3?dest-id=219588 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/growing-your-firm-strategies-for-accountants-cpa-s-bookkeepers-and-tax-professionals-504625/episodes/the-current-state-of-accounting-firm-m-a-w-todd-steinberg Duration seconds: 2117 ## Resource In this episode of the Growing Your Firm podcast, host David Cristello welcomes Todd Steinberg, founder and managing partner of Thrive Financial Group. David and Todd dive into the evolving landscape of accounting firm mergers and acquisitions (M&A), particularly the increasing role of private equity (PE) firms as buyers. They discuss key acquisition drivers such as human capital, geographic expansion, and cross-selling opportunities. Todd also breaks down deal structures, explaining the rise of rollover equity and earnouts, and how these vary by buyer type. Additionally, he shares insights into current valuation multiples, emphasizing the factors that impact firm valuations, including profitability and client retention. This episode is packed with actionable takeaways – whether you're an accounting firm owner considering growth through acquisition or preparing for a sale. Tune in to gain Thrive Financial Group's expert perspective on the latest M&A trends and learn how to position your firm for success. Resources ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/growing-your-firm-strategies-for-accountants-cpa-s-bookkeepers-and-tax-professionals-504625/episodes/the-current-state-of-accounting-firm-m-a-w-todd-steinberg/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/growing-your-firm-strategies-for-accountants-cpa-s-bookkeepers-and-tax-professionals-504625/the-current-state-of-accounting-firm-m-a-w-todd-steinberg.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.