Gloucestershire area - Practice/Block of fees Required – Budget to £1,000,000

Up front budget: £ 500,000

Current turn over circa: £ 2,000,000

Cash offer: Up to 1.6 x GRF

Established since: 2004

Locations: Gloucestershire

Additional Notes: My client, a qualified and highly skilled firm is looking for either a block of fees or practice as part of their growth plans and is looking for opportunities across Gloucestershire.

About the acquirer:
• Over 20 years’ experience
• Business advisory, Planning, turnaround, and recovery specialism
• Will pay up to 1.6x GRF for the right business
• Acquisition strategy is to keep the existing look, feel and service delivery of the acquired business to promote the highest level of client retention post change of ownership
• Focus is on adding value across the client base using considerable experience
• Highly experienced in M&A

A premium offer will be available to practices offering;

Locations:
Across Gloucestershire
Turnover (GBP):
Up to £1,000,000

Client Base & Service:
General practice

Premises:
Looking to retain premises as part of keeping the status quo for clients and staff

Practice System:
Use of existing systems used in the practice, Xero, Sage etc

Staff:
Looking to retain staff for continuity and maintain the status quo

Purchase Method:
Will pay up to 1.6x recurring fees for the right business with a deposit of 50% with completion in 2 years possibly sooner for smaller acquisitions.