ABAB and Alfa Accountants and Advisors Exploring a Possible Merger

Member News
January 4, 2024


Netherlands-based PrimeGlobal member firm ABAB is exploring the possibility of a merger with Alfa Accountants and Advisors to combine their unique strengths. The services and client portfolios complement each other well and both organisations see this as a good alternative to a partnership structure or private equity.

For more member updates, visit our news page here. Got a story you would like to share? Why not submit an article to our Communications Team.


ABAB and Alfa Accountants and Advisors are exploring a possible merger to combine their unique strengths. The services and client portfolios complement each other well, and the office locations of both organizations are complementary. Both ABAB and Alfa want to be a company that is fully owned by the employees. Both organizations see this as a good alternative to a partnership structure or private equity. Together they have approximately 2,000 employees. ABAB and Alfa distinguish themselves by being close to their customers and offering quality with a people-oriented approach. Moreover, they are both impact-driven and not primarily profit-driven.

Collaboration

The reasons why ABAB and Alfa are exploring a possible collaboration are numerous. Both parties have been advising entrepreneurs for decades and want to contribute to a better world. Both offices want to be and remain an independent stable accounting and advisory organization. As for customers and the talent that is becoming increasingly scarce. Both offices benefit from the necessary investments in digital products and expansion of services due to economies of scale. This makes it logical for ABAB and Alfa to explore how both parties can strengthen each other.

Research

The parties are discussing the design of the possible collaboration. Depending on the outcomes and after obtaining the necessary approvals, a possible merger could take place in the first half of 2024.