Up front budget: £ 10,000,000
Current turn over circa: £ 15,000,000
Cash offer: Up To 7x EBITDA
Established since: 2014
Locations: Greater London
Additional Notes:
Highly Unique Opportunity to Capitalise on your Practice Value in Central or North London, remain in the Business in a Strategic and Business Development/ Acquisitions role (if desired) while receiving up to 7x Adjusted EBITDA and 60% upfront.
The proposition on offer is an expansion rather than an integration with the view of running an advisory business in a very similar manor post acquisition with the aim of continual expansion. An acquisition will keep the premises, staff and brand with no change to the investment strategy. This absolute continuity in the business will guarantee close to 100% retention looking forward as virtually no change to the client experience is made.
My client is encouraging any retiring principles to remain in the business for 3-8 years to ensure the maximisation of value as well as complete succession planning on a very generous salary (more details on request). Capital will be provided for further acquisitions and while the principles receive an immediate sum for the business on acquisition. During this time, the deferred payments are geared 1:1 on revenue so principles will directly benefit in the future growth of the business via increased cash payments on top of a generous salary.
A premium offer will be available to Practices offering:
. Located in the and the City, Mayfair, Marylebone, North London and the Surrounding area
. Practices from £40m-800m Funds under Management
. Principles (some) who wish to remain in the business are preferred in conjunction with scalable offices
For more information please call 01765 698 699 and quote the reference number 177263