Up front budget: £ 8,000,000
Current turn over circa: £ 15,000,000
Cash offer: 3.5x Recurring Revenue
Established since: 2004
Locations: Greater London
Additional Notes:
Highly Regarded Business on the Market with Over £20mill to invest, focused on Brand Retention, Staff and Client Continuity and is Keen to Finance the Buyout of Self-employed Advisers within a Firm.
- Looking at buying 75% of a firm initially, working with the exiting directors to grow the firm over a 4 - 5 year period before buying the final 25% at premium price.
- Offering full continuity. Will keep the brand, offices, staff, charging structure, investment strategy.
- Laissez-faire management strategy with only a board meeting every month (feet not held to the flame).
- Keen to finance the buyout of self-employed advisers to increase the practice value.
- Principles to stay, salaried to grow business.
- Experienced successful acquirers.
- Interested parties must have a minimum of £100 mill FUM and / or a profit line of over £400,000.
For more information please call 01765 698 699 and quote the reference number 177486