Up front budget: £ 500,000
Current turn over circa: £ 2,000,000
Cash offer: Up to 1.6 x GRF
Established since: 2004
Locations: Birmingham
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 Birmingham and surrounding areas.
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 Birmingham and surrounding areas 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.
For more information please call 01765 698 699 and quote the reference number 176832