Case Study · Platform Build
CPA Platform Rollup: From 3 Firms to 7 in Under One Year
LCG partnered with a previous client to scale their CPA firm portfolio from 3 locations ($1.5M revenue, $500K EBITDA) to 7 firms ($7M revenue, $2.5M EBITDA) across the Southwest in less than one year. The client is on pace to add another 5 locations and an additional $2.5M in EBITDA before the end of 2025.
The Partnership
Building on a Previous Engagement
LCG partnered with a previous client who had already built a small CPA portfolio in Texas — 3 firms generating $1.5M in revenue and $500,000 in EBITDA. The client wanted to aggressively scale across the Southwest, and engaged LCG to source, negotiate, and close additional acquisitions.
The Execution
Rapid-Fire Acquisitions Across the Southwest
In less than one year, LCG helped the client grow from 3 firms to 7, expanding throughout the Southwest. Revenue scaled from $1.5M to $7M, and EBITDA grew from $500,000 to $2.5M — a 5x increase in EBITDA in under 12 months.
What’s Next
On Pace for 12 Locations by Year-End
As of this writing, the client is on pace to add another 5 locations and an additional $2.5M in EBITDA before the end of 2025 — which would bring the portfolio to 12 firms and approximately $5M in EBITDA.
By the Numbers
Deal outcomes that speak for themselves.
From a stalled search to a closed deal and a growing business — in less time than most searchers spend reviewing CIMs.
Your Turn
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