Walker Business Advisory Services Research
IMPORTANT: Not a Traditional M&A Advisor
Walker Business Advisory Services is NOT an M&A advisory firm in the traditional sense. This is an accounting and tax consulting firm that provides transaction support services to other M&A advisors, business brokers, and their clients. The firm does not run sell-side processes, find buyers, or represent sellers as the primary advisor. Instead, they serve as technical specialists providing tax, structuring, and due diligence support during business transactions.
Firm Overview
Walker Business Advisory Services is a Wichita Falls, Texas-based accounting firm led by Monty W. Walker, CPA, CGMA, CBI. The firm's primary services are tax preparation, accounting, IRS representation, and business transaction advisory support. Monty Walker is known as "the business transaction CPA" and has over 30 years of experience participating in business purchases and sales.
Advisory Approach
The firm's approach is fundamentally different from traditional M&A advisors. Rather than quarterbacking sell-side processes and running buyer outreach, Walker Business Advisory Services provides specialized technical support on:
- Transaction Structuring: Entity design, deal structure optimization, tax-efficient transaction planning
- Tax Planning: Tax implications of business sales, asset vs. stock sales, installment sales, tax deferral strategies
- Due Diligence Support: Financial analysis, quality of earnings review, tax compliance assessment
- Exit Planning: Business transition planning, succession planning, retirement monetization strategies
As Monty Walker states in his M&A Source interview, "The M&A advisor is the quarterback in the business transaction. I can be engaged by the seller, buyer, or I can be neutral and be engaged by both simultaneously." This clearly positions the firm as a support resource, not the lead advisor.
Industry Focus
The firm works across a broad range of small business industries, with no specific sector specialization. Their services apply to any closely-held business undergoing transaction, transition, or tax planning needs. This includes Main Street businesses, professional practices, family-owned enterprises, and lower middle market companies.
Service Offerings
Core Accounting/Tax Services:
- Tax preparation and planning for individuals and businesses
- IRS audit representation and tax problem resolution
- Bookkeeping and small business accounting
- Payroll tax compliance
- Tax debt resolution (offers in compromise, payment plans, liens, levies)
Transaction Support Services:
- Transaction Structuring Reports (narrative and numerical analysis of deal terms, tax outcomes, payout arrangements)
- Buy-side and sell-side due diligence
- Business valuation support
- Entity structuring and design
- Succession and transition planning
- Entrepreneur Retirement Plan (ERP) — using retirement funds as business acquisition capital
Deal Track Record
No independent deal track record found. Extensive web searches uncovered no press releases, deal announcements, or transaction tombstones. This is consistent with the firm's role as a transaction support provider rather than a lead M&A advisor. The firm supports deals run by other advisors but does not originate or quarterback its own transactions.
Process & Fees
The firm operates on a project-based or hourly fee structure for transaction support services, not success-based contingency fees typical of sell-side M&A advisors. Specific fee information is not publicly disclosed, but their model is likely:
- Transaction Structuring Reports: Fixed project fee
- Due Diligence Support: Hourly rates
- Tax Planning/Return Preparation: Standard accounting firm fees
- Ongoing Advisory: Retainer or hourly arrangements
The firm does not require exclusivity and can be engaged by sellers, buyers, or both parties simultaneously in a neutral capacity.
Team & Credentials
Monty W. Walker, CPA, CGMA, CBI — Founder and Principal
- Certified Public Accountant (CPA)
- Chartered Global Management Accountant (CGMA)
- Certified Business Intermediary (CBI)
- Member: M&A Source Leadership Committee, International Business Brokers Association (IBBA), Texas Association of Business Brokers
- Former speaker/testifier before U.S. House of Representatives Small Business Committee on tax complexity
The firm appears to be a sole proprietorship with no additional team members publicly listed.
Geographic Coverage
Headquartered in Wichita Falls, Texas, but practices nationally. The firm emphasizes "multistate services" and works with entrepreneurs across the United States, not limited to Texas or regional markets.
Not a Fit For
- Business owners seeking lead sell-side representation
- Sellers needing buyer outreach and marketing
- Companies looking for a traditional investment banking engagement
- Businesses expecting process management and coordination
- Anyone needing a quarterback to run their entire sale process
Competitive Positioning
Walker Business Advisory Services occupies a unique niche as technical specialists in business transactions. They are not competing with traditional M&A advisors; rather, they serve as a resource that those advisors can tap for specialized tax and structuring expertise. Their value proposition is deep technical knowledge of tax code, transaction structuring, and financial analysis — not buyer relationships or deal origination.
Verification Status
This firm should be categorized as a transaction support/tax advisory firm, not a lead M&A advisor. While the founder has CBI designation and M&A industry involvement, the firm's actual service offering and business model are accounting and tax consulting with a transaction specialization.