Well established London based acquirer looking for practice to furtr growth plans - budget to £2,000,000
Up front budget: £1,000,000
Current turn over circa: £4,000,000
Cash offer: Up to 1.3x GRF
Established since: 2000
Additional Notes:
My client is a long-established, modern and forward-thinking firm with significant industry experience and an excellent understanding of the acquisition market, allowing them to offer a well-managed and commercially sensible transaction from initial discussions through to completion.
The firm benefits from a knowledgeable and highly qualified team, with qualifications including ACCA, ACA, CTA and AAT, providing a well-rounded service across compliance, tax and advisory and giving you confidence that your clients will continue to receive a high standard of support.
They are particularly comfortable supporting more complex client requirements, including large group companies and high-net-worth individuals, providing the expertise and resource needed to seamlessly take on even the higher-value and more sophisticated relationships within your portfolio.
As an audit-registered firm, they can continue to support existing audit clients in-house, helping protect continuity of service while also providing a broader range of services to clients as their requirements develop.
The practice is highly tech-savvy and makes excellent use of modern systems and software, providing an efficient platform for integration while ensuring clients continue to benefit from a progressive and responsive service going forward.
Cash is readily available, allowing them to move quickly where required while remaining equally comfortable working towards a longer-term timescale that suits your own exit plans.
My client will eagerly retain existing staff and is open to maintaining an additional office location, helping preserve the relationships and continuity that have contributed to the success of your firm and supporting strong client and staff retention following completion.
They would ideally like a retiring principal to remain for a warm handover to support the smooth transfer of key client relationships, while also offering the flexibility of an ongoing consultancy role should you prefer a more gradual exit from the business.
Vendor requirements:
Turnover of £500,000+
Established for 10+ years
A principal willing to provide a warm handover, or a strong management structure already in place to support the successful transfer of client relationships
For more information please call 01765 698 699 and quote the reference number 181577 ask for Abi Barker