How do you value a cost segregation company?

We typically acquire cost segregation practices at 2-4x EBITDA, depending on revenue quality, client concentration, staff depth, and growth trajectory. We'll provide a preliminary valuation range within 72 hours of receiving your financial summary.

Will you keep my employees after the acquisition?

Yes. Retaining your qualified engineers, analysts, and client-facing staff is central to our model. We acquire the business to grow it, not strip it. We typically offer retention packages to key personnel.

Do I need to stay involved after the sale?

We're flexible. Some founders prefer a clean exit; others want to stay on as a consultant or even continue in a leadership role. We'll structure the transition around what works for you and your clients.

How long does the acquisition process take?

From initial conversation to close, most acquisitions take 60-120 days. We move quickly and don't use complex financing contingencies that slow things down.

Do you acquire firms outside of Washington State?

We acquire cost segregation companies in all 50 states. Our back-office infrastructure is built for remote operations, so geography is not a constraint.

What happens to my client relationships?

Your clients continue to be served by the same team they know. We add back-office support and resources but never disrupt existing client relationships, they are the core asset we're acquiring.

Sell Your Cost Segregation Company | Gungnir Group

Gungnir Group is an active acquirer of cost segregation companies, specialty tax engineering firms, and depreciation consulting practices. If your firm generates $700K+ in annual cash flow, we want to hear from you — confidentially and without pressure. Contact: businessacq4@gmail.com | (512) 456-9370.

What Types of Cost Segregation Firms We Acquire

Cost segregation study firms (engineering-based)
Specialty tax engineering and depreciation consulting practices
Engineering-backed tax advisory firms
Bonus depreciation and Section 179 consulting businesses
Tax credit consulting firms (179D, 45L, R&D, opportunity zones)
Hybrid cost seg + energy incentive advisory practices

What We Look For in a Cost Segregation Firm

$700K+ annual cash flow (SDE or EBITDA)
Experienced engineering or tax team that can operate without the founder
Established CPA or real estate investor referral network
3+ years operating history and a track record of completed studies
Nationwide, all 50 states — remote-operated firms especially attractive
Motivated founder ready to transition with structured support

Who Buys Cost Segregation Companies?

The market for cost segregation firm acquisitions is relatively specialized. Buyers include PE-backed specialty tax rollup platforms, CPA firms seeking vertical integration, independent sponsors, and acquirers like Gungnir Group who operate firms independently long-term. We are a founder-first acquirer — we preserve engineering teams, referral relationships, and firm identity. We do not consolidate into a larger platform or replace your engineers with centralized back-office staff.

How We Value Cost Segregation Firms

Well-run cost segregation firms typically sell at 2.5–4x annual EBITDA or SDE. We deliver a preliminary valuation range within 72 hours of receiving a financial summary — three years of P&L and a brief description of the practice. No broker, no six-week process before you hear a number.

Valuation reference: 2.5–4x EBITDA multiple; $700K+ minimum annual cash flow; 72-hour preliminary valuation; 30–60 day due diligence; 60–120 day close; financing via cash, SBA, or seller note.

Valuation Drivers: What Moves the Multiple

Factors that increase your multiple: recurring revenue from repeat clients; diversified CPA referral network with no single source over 30%; senior engineering team executing without founder; proprietary methodology or QA process; geographic reach beyond a single metro; revenue growth trend.

Factors that reduce your multiple: heavy founder dependence; high client concentration (one source over 30% of revenue); declining revenue trend; no written client agreements; inconsistent financials. None of these are automatic disqualifiers — we structure around them.

Management Continuity and Transition

We acquire your engineering team as a core asset. Retention plans with compensation adjustments and career paths are part of every deal. We do not centralize or offshore technical work. Most founders remain in a paid advisory or employment capacity for 6–24 months to transfer client relationships naturally. We do not approach your CPA partners or clients without your consent.

Confidentiality and the NDA Process

We sign a mutual NDA before you share a single financial document — same-day execution, straightforward terms. During the entire process, we do not contact your employees, clients, or referral partners without explicit permission. We do not list firms we are acquiring on business-for-sale marketplaces. You control the message and timing of all staff and client communications.

Deal Structure Options

Structures we use: all-cash at close; SBA 7(a) loan with seller note; seller note (10–25% of purchase price at 5–8% interest over 3–7 years); earnout tied to objective revenue metrics (used selectively). Most cost segregation firm acquisitions at this size close as asset sales. We discuss with your CPA and attorney what structure makes the most sense for your tax situation.

The Sale Process (6 Steps)

Confidential introduction via form or email — no financials required, 24-hour response.
Mutual NDA signed — same-day turnaround before any financial review.
Preliminary valuation — share 3 years of P&L, receive a valuation range within 72 hours.
Letter of Intent — sets price, structure, key terms, and exclusivity. Issued within two weeks of NDA.
Due diligence — 30–60 days reviewing client contracts, employee agreements, financials. We do not re-trade.
Close — purchase agreement signed and funds wired, typically 60–120 days from first conversation.

Frequently Asked Questions: Selling a Cost Segregation Company

Does Gungnir Group acquire cost segregation companies?: Yes. Gungnir Group actively acquires cost segregation firms, specialty tax engineering practices, engineering-backed depreciation study companies, and related tax credit consulting businesses. If your firm generates $700,000 or more in annual cash flow, we want to hear from you.
What is a cost segregation company worth?: Well-run cost segregation firms typically sell at 2.5–4x annual EBITDA. The multiple depends on revenue quality, client concentration, depth of your engineering team, and strength of your CPA referral network.
What does Gungnir Group look for in a cost segregation firm?: $700K+ annual cash flow, an experienced engineering or tax team, established CPA or investor referral relationships, and 3+ years operating history. We do not require perfect books.
Will you keep my engineers and staff after the sale?: Absolutely. Retaining your engineers, project managers, and client-facing staff is not optional — it is how we protect the value we are acquiring. We do not acquire businesses to cut costs.
What if I am the primary rainmaker in my practice?: This is common in cost segregation firms. We structure transitions carefully with a paid transition period where the founder remains active to transfer client relationships. We do not require you to disappear on day one.
How long does the sale process take?: From first conversation to close: NDA signed same day, preliminary valuation within 72 hours, LOI within two weeks, close in 60–120 days total.
Will my clients and staff know I am selling?: Not unless you choose to tell them. We sign mutual NDAs before any financial information is exchanged. Your clients, employees, and competitors will not be contacted during the process.
Do you acquire cost segregation firms outside major markets?: Yes. We acquire nationwide across all 50 states. Remote-operated practices are particularly attractive.
What is an asset sale vs. a stock sale?: In an asset sale the buyer purchases contracts, goodwill, and equipment — not the legal entity. Most cost seg acquisitions at this size close as asset sales. We discuss with your CPA and attorney what structure is best for your situation.
Are earnouts common in cost segregation firm sales?: We prefer clean deals without earnouts. When earnouts are appropriate, we structure them on objective revenue metrics over a defined 12–24 month period, not open-ended conditions.
What financial documents do I need to provide?: After NDA: three years of P&L statements, a current-year interim P&L, services and approximate revenue by service line, and a rough headcount. Tax returns are helpful but not required for a preliminary valuation.
Can I sell a partial stake rather than the whole firm?: We generally structure full acquisitions. In select situations involving a founder who wants to retain equity and continue growing, we are open to minority or majority recapitalization structures.

Start a confidential conversation | Learn about our acquisition process | See all sectors we acquire | Guide to selling your business