Up front budget: £500,000
Current turn over circa: £70,000,000
Cash offer: up to 1.5x GRF or 7x EBITDA
Established since: 1960
Locations: West Midlands
Additional Notes: - My client is a top 100, well-established accountancy practice actively seeking like-minded firms looking for centralised support and a succession strategy.
- Prepared to pay up to 1.5x GRF for the right businesses / up to 7x EBITDA for the right businesses
- Backed by private equity, this firm is positioned to move quickly, offering flexible payment terms tailored to meet your specific needs.
- Very flexible approach to acquisitions, open to either smaller blocks of fees/one man bands which they can bolt into their existing structures or larger well established practices where they can provide plenty of continuity to encourage high retention
- Despite being a large, well established firm this acquirer prides themselves on their personal, approachable and relaxed culture ensuring quality goodwill is protected
- Fantastic reputation across the West Midlands with a proven track record in acquisitions, they boast strong retention and growth rates, demonstrating a thoughtful, seamless transition process that ensures the future security of your clients.
- Open to retain existing principals in ongoing consultancy arrangements to ensure autonomy and flexibility
- You have the option to retain equity, allowing you to cash out while still maintaining control of your practice.
- Clients benefit from centralised resources, unlocking valuable cross-selling opportunities to foster future growth.
- Employees are offered significant growth and progression opportunities, ensuring their security and long-term career development.
For more information please call 01765 698 699 and quote the reference number 181302 ask for Lauren Burnham