The current wave of consolidation seems to be driven by new money seeking investments in the professional service sector. This is not the first time this has happened; new money was available in previous years, particularly in the 1990s and 2000s when there was a surge of interest in consolidating a range of service sector businesses which spread to the accounting and independent financial advisory sectors. The accounting consolidator models are both different from the early 2000s and currently are based on different strategic aspirations which need careful examination from a would-be vendor.