PARTNERING WITH ACCOUNTING FIRMS FOR LONG-TERM GROWTH
In today’s competitive and cost-intensive environment, accounting firms face mounting pressure to grow strategically to remain competitive.
We believe our track record of successful investments in professional services, long-term approach, and partnership mindset make us the ideal investors for accounting firms. We plan to own companies for generations, not buy and flip them to another investor.
Scale
Increased competition and rising operating costs mean firms need to grow to survive. We believe in a strategic approach to growth rather than rapid M&A.
Technology
We recognize that to remain competitive, firms must continue to invest in technology and operational efficiencies to better compete for clients and talent.
Talent
We are committed to expanding opportunities for equity participation to attract and retain key employees.
Independence
Our long-term ownership model preserves company culture and independence while providing owners with greater flexibility than private equity firms and traditional strategic acquirers.
Resources
LNC and its investments provide firms access to experts and resources across corporate development, wealth management, legal, and real estate advisory.
Long Term Alignment
We use simple transaction structures with low leverage that allow for operational flexibility, continued distributions, and align all equity owners for the long-term.
CASE STUDY
Laird Norton Wetherby
LNC and LNW are striving to create the preeminent, independent wealth management firm in the country through both organic growth and highly-selective M&A.
In 2018, LNC, in coordination with LNW management and its board, identified the opportunities and challenges for the company and wealth management industry: lack of scale in a consolidating market, the need to invest in technology to combat rising operating costs, a lack of succession plans for many advisors, and the ability to attract and retain personnel.
To date, progress across these initiatives has resulted in a company with over 50 employee owners, a 55% increase in profitability, and >99% client retention.
Contact Us
MAttHEw HILL
Director, Corporate Development
