Find, analyze and secure an acquisition, step by step.
8 min
Opportunities mostly circulate privately and by word of mouth within the profession. AlloFirm centralizes these intentions city by city and alerts you for free as soon as a practice matches your search.
1. Client base: concentration, tenure, attrition rate, sectors.
2. Recurrence and revenue: recurring share, seasonality, at risk engagements.
3. Profitability: real margin after normalizing the owner's compensation.
4. Team: skills, tenure, contracts, dependence on key people.
5. Tools and data: software, paperless workflows, security, privacy.
6. Legal and HR: leases, contracts, potential disputes.
7. Owner dependence: what remains when the owner leaves?
8. Price and financing: consistency of price with profitability and the financing plan.
Financing often combines equity, a bank loan and sometimes seller financing. The deal is secured with a confidentiality agreement (NDA) upfront, then a letter of intent (LOI) that frames price and terms before deep due diligence.
On AlloFirm, matching is free, with no commission. The closing runs through an attorney trust account (IOLTA) between the parties.
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