Experienced acquirer and firm of qualified accountants, looking to acquire an established practice, using available funds, across the East Midlands and South Lincolnshire - up to £500,000 GRF budget.

Up front budget: £300,000

Current turn over circa: £130,000

Cash offer: up to 1.5x GRF

Established since: 2013

Locations: East Midlands

Locations: Derby,Leicester,Nottingham,Lincoln

Additional Notes:
-My client, a 2 partner firm with qualified staff are providing a holistic, value adding, service to a wide variety of clients across Derbyshire, Nottinghamshire, Leicestershire and South Lincolnshire. They can offer a personalised service to all clients based on requirements, including, outsourced FD services, general compliance accounting, payroll, tax planning, management accounting and business development coaching.

-For the ideal business, the firm are prepared to consider premium multiples, with up to 60 percent of the total consideration on day one and the rest paid in deferred instalments over 12 to 24 months depending on the seller’s requirements and the size of the practice. Cash available for acquisitions and they can be highly flexible on the acquisition terms and deal structure.

-Their previous acquisition experience demonstrates their ability to provide a quality service and subsequently achieve 95% plus retention rates. They have a proven track record of paying out what is owed and can demonstrate proof of funding.

-In any case, my client will gladly retain staff and/or premises where applicable and they are keen to ensure total continuity for all parties involved.

For more information please call 01765 698 699 and quote the reference number 177639

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