24 January 2023 16:25
CountPlus subsidiary Moggs Accounting + Advisory has acquired Timothy Trevor Gubbins, an accounting firm based in Shepparton for $1.27 million.
In an update to the ASX, CountPlus said Timothy Trevor Gubbins had recurring revenue of over $1.1 million.
Founder Timothy Gubbins will remain with the business for twelve months to assist with a smooth transition.
90 per cent will be paid up front to Gubbins with the remaining 10 per cent deferred for 12 months.
Despite geopolitical turbulence, markets are avoiding short-term turmoil and reacting to the underlying fundamentals showing the strength of major economies, a pair of AMP investment executives told the Professional Planner Managed Accounts Decoded podcast.
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