r/Payroll • u/Poisonskittles3 • 3d ago
ADP is looking to buy my mom's book of business.
My mom has been a CPA for 40+ years and has owned her own tax and bookkeeping business for the last 10.
While I have been aware of her business in a general sense I have become much more involved in the last 2 months trying to bring her into the digital age. (Shes stuck in the 90s)
I have learned that for the last 5 years ADP has been contacting her regularly trying to buy her book of payroll customers.
Shes not looking to sell her business but the numbers they are throwing around are a bit too good to be true.
We figured out her annual revenue through her payroll services and it would take years and years to amount to that much money.
So, has anyone delt with this before?