Reccon acquires bookkeeping and tax firms across Europe, embeds engineers inside them, and unlocks potential with AI. Our accountants serve more clients without longer hours; our owners get a successor who'll do right by the staff and the clients they spent careers building.
Across Europe, the accounting profession is losing the people who run it. Over 40% of firm owners are above 55, many no longer accepting new clients. 59% of firms report staff shortages. Owners are looking for a successor, not just a buyer, who will do right by the staff and clients they spent careers building.
Meanwhile demand is going the other way: company formation across Europe continues to accelerate. More companies need accountants. Fewer accountants exist. The problem isn't knowledge. It's capacity.
For the first time, AI can handle the messy, unstructured inputs of SMB accounting: receipts in WhatsApp, invoices in email, handwritten notes, mixed languages, ambiguous transactions. The 70% of an accountant's time spent on onboarding, data entry, reconciliation, and filing can compress toward zero, but only inside a practice that already does the work.
We don't sell software to accounting firms. We partner with them, and together rebuild the workflow from the inside.
The traditional options are a partner buyout that drains capital from the firm, or a strategic sale that flips the staff and confuses the clients. We're trying to be a third option, one built around continuity, not cost-cutting.
Your name on the door, your team in their seats, your clients with the people they trust. Brand and local leadership preserved. We're acquiring the firm, not absorbing it into someone else's.
Majority stake purchase with minority rollover and retention earn-outs. Day-one liquidity for the founding partner; aligned upside for staying involved as long as you want. Indicative ranges shared in a first call.
Forward-deployed engineers embedded in your practice for the first 90 days. They map the work end-to-end and rebuild the slow parts with AI: transaction categorisation, document intake, anomaly flags, filings.
Your team moves up the value stack. Less retyping, more judgment, advice, and exception handling. No offshoring. No re-badging. No restructuring against the staff to hit synergy targets.
Each acquired firm adds workflows, edge cases, jurisdictional knowledge and training data. Capacity per accountant compounds. Every firm makes the next acquisition cheaper and the AI better.
Majority stake in a bookkeeping or tax firm, paired with a structural set of protections: brand kept, local leadership kept, clients kept, no offshoring, no restructuring. The founding partner rolls a minority stake with retention-tied earn-outs.
Forward-deployed engineers move into the practice for the first 90 days. They sit with practitioners and map every workflow end-to-end: onboarding, reconciliation, filings, the edge cases that live only in people's heads.
We build AI around the captured work: specific automation built from how the work actually gets done, not generic accounting AI on assumptions of clean data. The 70% spent on data entry compresses toward zero.
Capacity per accountant unlocks step-wise: a near-term 1.5–2× at the unit level, a medium-term 3–5× across the practice, and 10× as the long-arc target once the AI compounds across the portfolio. The flywheel runs.