National acquirer looking to partner with a well established Yorkshire based accountancy practice
Up front budget: £10,000,000
Current turn over circa: £75,000,000
Cash offer: Up to 8x adjusted EBITDA
Established since: 2000
Additional Notes:
My client is actively seeking firms that share their commitment to people, recognising that the long-term success of any practice is built upon investing in and supporting its team. Preserving culture and creating opportunities for staff development remain key priorities throughout the acquisition process.
Having completed in excess of 20 acquisitions, they have established a well-defined integration framework that facilitates a gradual and considered transition into the wider group. This approach has consistently delivered client retention rates of over 90%, providing reassurance that clients, staff and partners will experience continuity throughout the process.
The business benefits from a committed funding facility, ensuring the financial resources are in place to complete acquisitions efficiently whilst retaining the flexibility to accommodate transaction timelines that suit the vendor.
A comprehensive central support infrastructure is available across compliance, HR, marketing, technology and operational functions. This allows principals and senior team members to focus on client relationships, strategic growth and the areas where they can add the greatest value.
Significant investment is made in employee development through structured training programmes, mentoring initiatives and clearly defined career pathways. This commitment provides team members with the support and opportunities required to progress within the organisation and fulfil their long-term potential.
This purchaser will pay a premium for the following...
- Turnover £2,000,000 +
- Full team in place ideally with a strong second tier
- Handover or ongoing commitment from principal
- Employee focused approach
For more information please call 01765 698 699 and quote the reference number 181521 ask for Abi Barker