Up front budget: £3,000,000
Current turn over circa: £17,000,000
Cash offer: Up to 1.5x GRF of 6x EBITDA
Established since: 2000
Additional Notes:
- My client is a well established practice that has seen fantastic organic growth over the past two decades and is eager to grow further through acquisition particularly across the Manchester, Oldham, Stockport, Warrington, Wigan, Liverpool and surrounding areas
- With cash ready and available this practice is able to move swiftly or at your pace
- This firm has a good track record across acquisitions that yield in excess of 90% retention and demonstrate the experience and knowledge available to ensure a smooth transition for all involved
- With a keen interest in growing their presence, my client would look to retain premises, branding, staff and more so from a clients perspective there would be very little if any change - this approach has contributed to their strong track record in acquisitions
- You will be offered the opportunity to stay on in a longer term role or leave after an initial one year handover, giving you flexibility to craft a bespoke exit to suit your needs. My client will also eagerly talk with firms who are perhaps not looking at retirement but could benefit from joining forces with a larger firm to benefit from their resources
- With a breadth of development paths available, this firm can offer your team the opportunity to advance their qualifications or undertake new/additional training
REQUIRMENTS:
- Minimum turnover £1,000,000
- Available to provide a minimum handover of one year
For more information please call 01765 698 699 and quote the reference number 181083