Experienced Midlands based acquirer - looking for practice with a budget to £10,000,000

Up front budget: £5,000,000

Current turn over circa: £100,000,000

Cash offer: Up to 8x EBITDA

Established since: 1950

Additional Notes:
- My client comes to the market with a number of successful acquisitions under their belt with a view to finding a well established practice that provides a quality service to clients and has a strong team in place

- With secured funding in place, this practice can move at your pace with a transaction and offer up to 50% upfront on day one

- This firm boasts an excellent employee centric culture and actively seeks out practices that put an emphasis on nurturing and developing good people to help ensure longevity. They offer additional training and support coupled with fantastic career progression opportunities giving you confidence your team will be well looked after going forward

- My client has acquired on over five occasions and yielded excellent retention rates demonstrating their understanding of slowly integrating clients and will eagerly get you introduced to previous vendors who can share their experience

- Complete flexibility for you and your partners when creating a bespoke exit to ensure your retirement/progression needs

- They offer a wealth of inhouse expertise in tax planning, management accounts, audit and value added services, giving your clients a wide breadth of knowledge to help grow and develop their businesses further

My client will consider a premium offering for the following:
- Turnover in excess of £2,000,000
- Good quality team in place
- Principal's that are happy to stay on for an initial 1-2 year handover period

For more information please call 01765 698 699 and quote the reference number 181126

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