Accountancy WAS my life: The inside story of the successful sale of an accounting practice from both sell-side and buy-side
Benefit from the personal experiences of both Peter Sevitt, who recently sold his accounting practice after 40 years of practice, and Adam Guyatt, who purchased Peter’s practice. Peter will talk about his path to the decision to sell, the steps involved in the process from the decision to sell until closing, challenges he experienced along the way, which factors made the transaction successful and what he would do differently were he to do it again. Adam will talk about the process from the buyer’s perspective in terms of how he analyzed Peter’s practice, how he made the purchase decision, the path he took until closing the challenges he experienced, and what he learned from the process.
13 Jul 2020, 12:00 PM
1 CPD hours
We look forward to seeing you at our upcoming events. Should you have any ideas for topics, speakers, sponsorship or anything else, feel free to contact Melanie Russell, CPA, CA, CBV, CIM, CFE, CFF, ABV at 416-488-9590 x 225.
Please note: For best audio quality, we recommend using external speakers or headphones.
About the Instructor(s)
Adam obtained his ACA designation while working with Deloitte in the UK. On moving to Canada with Deloitte in 2009, he obtained his CA designation followed by his CBV and CFA designations as well as becoming certified in financial forensics (CFF). Adam co-founded Grewal Guyatt LLP and leads the firm’s compliance team and additionally specializes in business valuations, litigation support and forensics. Adam has provided business and asset valuations within the context of a wide range of disputes, corporate reorganizations and purchase price allocations. He has also provided expert advice with respect to estate disputes, identification of misappropriated assets and the quantification of unreported income.
Peter qualified as a CA in the UK in 1972,with KPMG ,and immigrated in the same year to Canada where he worked for Coopers and Lybrand. After spending time in industry and then in an associate relationship with a small accounting firm he started his own practice in mid town Toronto in 1979.
Peter's clients were owner managers, condos and professionals. He sold his practice in September 2019 and is presently assisting with the transition. Peters loves are rugby, informal education and acting.