Our client is an experienced accountant and the owner of a well-established practice base in the Midlands, who is to consolidate the market reach through the acquisition of accountancy practices. At this stage, our clients would like to acquire a practice located in the East Midlands, but open to the whole of UK, with a turnover between £250k – £1.2M and long-standing qualified staff.
Our clients are willing to keep the business name and location and oversee the growth of the business. The ideal acquisition target would be an established practice that has the following attributes:
- Well established business with a good track record and positive cash flow;
- Revenue between £250k – £1M;
- Diverse customer base with no overreliance on one or two major customers;
- Existing premises in East Midlands but open to UK Wide
Our clients are determined to complete an acquisition as quickly as possible and certainly within the next 6 months.
|Primary Business Activity||Accounting / Tax Practices|
|Turnover||£250,000 – £1,000,000|
|Location||East Midlands / UK Wide|
|Re-Locatable||No / Flexible|
|Existing Staff Retention||Retained|