Up front budget: £8,000,000
Current turn over circa: £45,000,000
Cash offer: 8x Adjusted EBITDA
Established since: 2002
Locations: Hertfordshire
Additional Notes:
Hertfordshire & Cambridge Based Purchaser with over £10m to Spend on the Right Practice Offering 8x Adjusted EBITDA
- The firm will pay up to 8x Adjust EBITDA and will also look at offering on the basis of percentage of Funds Under Management
- The firm is happy to continue running clients on the same platform/charging structure for the first 18-24 months post acquisition to ensure maximum retention of clients
- The firm is offering Principles to remain in the business 1-5 years to manage the clients or start a new venture within the larger group
A premium offer will be available to Practices of the following profile:
. Located in Hertfordshire, Essex, Cambridge, Leicester, Northampton and Peterborough
. Share purchase or Asset purchase option
. AUA Between £30m - £800m FUM
For more information please call 01765 698 699 and quote the reference number 179376