About Spark Accounting Partners
We are an innovative, collaborative and forward-looking team offering strategic solutions to help accounting firms grow, transition, and thrive.
Your Partners for Transition and Success.
We are a team of CPAs, accounting firm owners, entrepreneurs, and investors dedicated to advance the accounting industry. With a mission to partner with or acquire accounting firms, we unlock their growth potential through innovative solutions, aligned incentives, and advanced technologies, while ensuring a proper, successful succession for owners seeking a transition.
Our vision is to build a scalable, modern accounting platform by acquiring small-to-medium sized firms across Canada and the US. With countless firms owned by retiring professionals without succession plans, we aim to play an important role in supporting these firms and ensuring their continued success.
Our Mission
To provide collaborative and innovative solutions to accounting firm owners seeking a transition.
Our Vision
To build a scalable, modern accounting platform through strategic partnerships and acquisitions.
Our Core Values
Integrity: We uphold the highest standards of honesty and ethical conduct, ensuring trust and transparency in every partnership.
Innovation: We embrace cutting-edge technologies and forward-thinking strategies to drive growth and efficiency for accounting firms.
Accountability: We take responsibility for delivering on our promises and maintaining open, honest communication with all partners.
Collaboration: We work closely with firm owners to understand their unique needs and create tailored solutions for growth and transition.
Commitment to Success: We are dedicated to empowering accounting firms, ensuring their continued success through personalized support and strategic guidance.
Why Choose Spark?
- Value Creation Through Strategic Acquisitions:
We target firms with revenues under $2M, acquiring them at 2-3x EBITDA. Through operational enhancements and scalability, we aim to grow a portfolio exceeding $10M EBITDA, achieving a combined valuation at 10x EBITDA. - Efficiency and Margin Expansion:
Our approach leverages AI-powered tech stacks, overseas staffing, streamlined processes, and employee equity programs to drive down costs and enhance profitability. - Revenue Growth Through Cross-Selling and Upselling:
We enhance client offerings with high-value services like tax planning, wealth management, and business consulting. - Flexible Exit Strategies:
Whether holding the portfolio for cash flow, selling to private equity, or pursuing a public market listing, we ensure all options are optimized for success.
Empowering CPAs with the Spark Plug Model
For retiring firm owners, we insert a qualified CPA—our “Spark Plug”—into leadership roles. These entrepreneurial CPAs :
Invest capital and/or secure financing for equity ownership.
Lead firm operations while driving growth and innovation.
Benefit from Spark’s advanced tools and proven Partner+ Success System.
What We Offer Firm Owners
Tailored Solutions to Align with the Owners’ Goals
- Partial Minority Acquisition: Retain majority ownership while leveraging Spark’s resources to grow your business.
- Buy-In, Buy-Up: Gradual equity increases based on pre-agreed terms or performance.
- Full Acquisition: Transition seamlessly, with options to stay involved or fully step away.
- Flexible Liquidity Options: Sell your stake for cash, shares in our parent company, or a combination of both. Regular redemption windows allow for ownership liquidation when needed.
What Sets Us Apart
- Tailored Solutions: Flexible deal structures that adapt to the unique needs and goals of every partner firm.
- Operational Excellence: Streamlined processes, centralized back-office functions, and economies of scale to maximize efficiency.
- Cutting-Edge Technology: AI-powered automation and robust systems to enhance productivity and security.
- Strategic Growth Enablement: Marketing, branding, and business development to expand reach and diversify revenue streams.
Join Us on Our Mission!
Whether you’re a firm owner seeking succession solutions, an investor looking to capitalize on a high-growth industry, or a CPA ready to fast-track your career, Spark Accounting Partners offers unmatched opportunities. Together, we can build the future of accounting—one firm at a time.
Enabling transitions, empowering growth, and preserving legacies for accounting firm owners.