National acquirer looking for partnership with firm in Northern Ireland - budget to £10,000,000
Up front budget: £10,000,000
Current turn over circa: £150,000,000
Cash offer: Up to 1.5x turnover
Established since: 2010
Additional Notes:
My client is a Top 100 accountancy and advisory firm seeking to partner with ambitious practices that want to preserve the strong relationships, culture and reputation they have built whilst gaining the support and opportunities available through a larger organisation.
This opportunity allows existing partners to retain a meaningful equity interest in their business, creating ongoing alignment and enabling them to benefit from the future growth they help generate, rather than simply exiting and walking away from the value they have created.
Joining the group provides access to a broad range of centralised resources including HR, compliance, recruitment, technology and operational support, allowing partners to spend less time on administration and more time focusing on clients, staff development and business growth.
The wider group offers a comprehensive range of specialist services including audit, corporate finance, wealth management, specialist tax advisory and consultancy work, providing a natural progression route for existing clients whilst creating opportunities to increase revenues without having to build these capabilities internally.
Partners continue to play a key role in shaping the future direction of their business, maintaining local relationships and influence whilst benefiting from the experience, infrastructure and support of a nationally recognised firm.
Employees gain access to enhanced career progression opportunities, specialist training and a broader professional network, helping to improve staff retention and create exciting long-term prospects for key members of the team.
This model is particularly attractive for firms with ambitious growth plans, as it provides the backing, expertise and additional service offering required to accelerate expansion whilst preserving the identity and strengths that have made the practice successful.
It also offers a practical succession solution where some partners may be considering retirement in the medium term whilst others remain committed to growing the business, allowing both objectives to be achieved within a single transaction.
Vendor requirements:
Turnover £1,500,000+
Established 10 years+
Principals looking to stay on or suitable second tier
For more information please call 01765 698 699 and quote the reference number 181525 ask for Lauren Burnham