Devon and Cornwall Based Purchaser Looking to Acquire/Partner With Anther Local Practice Retaining Both Your Staff and Branding

Up front budget: £12,000,000

Current turn over circa: £23,000,000

Cash offer: Up to 9x EBITDA

Established since: 2015

Locations: Devon/Cornwall

Additional Notes:
- 80% of Consideration will be paid in the first 12 months significantly de-risking the transaction

- For the right business, the firm will look to pay up to 9x EBITDA / 4-4.5x Recurring Income

- The Purchaser will Retain the brand for at least the first year, preserving the local touch of your firm thus aiding with the transition


A premium offer will be available to Practices of the following profile:

. A good trading history and good local reputation
. Housing assets between £80m-£500m FUM
. Firms in the Cornwall, Plymouth, Exeter, Taunton, Truro, Torquay and the Surrounding Areas

For more information please call 01765 698 699 and quote the reference number 179880