Up front budget: £2,500,000

Current turn over circa: £15,000,000

Cash offer: Up to 3.75x Recurring

Established since: 2006

Locations: Greater London

Additional Notes:
Legal Group Looking to Merge (Offering a Partial of Total Capital Event) With an IFA Practice in the Greater London Area Offering Complete Continuity With The Staff, Brand and Investment Process

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 premise, staff and brand with minimal change to the investment strategy. My client is encouraging any retiring principles to remain in the business for 2-5 years to ensure the maximisation of value as well as complete succession planning (shorter period if a CEO can be found internally or externally).

The current Legal Group has identified 60-80,000 clients which could possibly be offered wealth management services. The principle(s) of the Wealth Management firm will directly benefit in any future growth of the business (more details on request).

For more information please call 01765 698 699 and quote the reference number 178391