Baker Tilly Germany explores private equity investment – report

Core Insights - Baker Tilly Germany is exploring the possibility of engaging with a private equity investor to strengthen and develop the company [1][2] - The Baker Tilly network reported a combined revenue of $5.6 billion in 2024, indicating a significant scale within the accounting industry [1] - The trend of seeking external capital is evident, with Baker Tilly's US branch entering agreements with private equity firms in 2024 [2][3] Company Developments - Baker Tilly Germany has approximately 1,700 employees and reported a revenue of €250.6 million ($290.3 million) for the previous year [1] - The UK entity MHA listed on the London Stock Exchange in April, raising £98 million through its offering [3] - Baker Tilly's Dutch arm secured a minority investment from Inflexion, a European private equity firm, earlier this year [3] Industry Trends - The accounting industry is becoming a focal point for private equity firms, with notable investments in firms like Grant Thornton [4] - The appointment of Barry Melancon as the new chair of Baker Tilly International reflects ongoing leadership changes within the network [5]