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 ask for Edward Thorpe