Up front budget: £2,000,000

Current turn over circa: £550,000

Cash offer: Up to 4.2x recurring revenue

Established since: 2012

Locations: Surrey

Additional Notes: Experienced Guildford based IFA seeking their next acquisition to grow their business. This business has recently acquired a practice with exceptionally high retention of 98% while the principle remained working in a reduced format, benefiting from new clients taken on board. The business is looking to repeat the success of the previous acquisition had has capacity within the current staff based to take on another practice in the next few months.

This proposition is highly geared towards continuity as they would be looking to keep the principal on for a 2 year period to help transition the clients over. They are not looking for uplift through the acquisition as they will not increase client fees. Thus, focusing on the client's best interests at all times.

A premium price will be available for firms offering:

• £30-100m FUM
• Locations of Guilford and London
• Firms who operate using DFM’s are preferred but not essential

For more information please call 01765 698 699 and quote the reference number 178465