Up front budget: £1,000,000
Current turn over circa: £4,500,000
Cash offer: to 4x 50/25/25 to 6x Adjusted EBITDA
Established since: 2003
Locations: West Yorkshire
Additional Notes: 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 (for at least the interim) with minimal change to the investment strategy. My client is encouraging any retiring principles to remain in the business on a generous salary for 3-4 years to ensure the maximisation of value as well as complete succession planning (more details on request).
This practice has had fantastic success with over 10 previous acquisitions over the last decade years experiencing, on average, 95-98% retention which can be credited largely to the continuity of the operations. This experienced regional acquirer has demonstrable success with countless previous acquisitions and is the ideal, trusted home for someone looking to depart with their life's work.
For more information please call 01765 698 699 and quote the reference number 178183