One of the defining trends in the accountancy and audit sector for 2024 was the influx of private equity investment. This momentum is only likely to continue into 2025.

External private capital has primarily been attracted to the potential for consolidation of a fragmented accountancy market, the stable income flow that comes from accountancy and audit workstreams, as well as the possibility for acquired firms to expand into other accountancy-adjunct service lines.

Such capital can bring wider benefit too, such as an increase in competitiveness in the audit market and technological innovation and development.