Acquisition Search #4127i
Accountancy practice in London and Greater London
Our client is a successful, well established, Chartered Accountant, based in London focused on assisting their satisfied clients through a full service offering of accountancy services, tax, bookkeeping, audit and an array of other related services.
He is currently looking to consolidate and grow their UK market reach through the acquisition of a local accountancy practice, that allows the opportunity to expand with a view to taking the practice to the next stage.
Our clients acquisition model allows for gradual transition including Director/Partner retaining some share ownership, if required with flexibility on post-acquisition structuring and will also consider providing sole practitioners with an exit route over a period of time.
The desired target is an accountancy practice with a turnover between £500,000 and £1,000,000, ideally located in London and Greater London that provides accountancy and tax services.
The ideal acquisition target would be an established company that has the following attributes:
Turnover between £500.000 and £1.000.000
Diverse customer base with no overreliance on one or two major customers
London or Greater London based
Our client is determined to complete an acquisition as quickly as possible and certainly within the next 2 months.
Primary business activity Accountancy Firms
Turnover (Revenue) £500,000 – £1,000,000
Location London, Greater London
Current Management Retainable
Existing staff Flexible