South West Based IFA holding over £200m FUM seeking their sixth successful acquisition willing to pay up to 4x recurring revenue

Up front budget: £500,000

Current turn over circa: £1,200,000

Cash offer: Up to 4x with 60% upfront

Established since: 2007

Locations: West Midlands

Additional Notes: My client is offering up to 4x recurring revenue with 60% of the total consideration being paid upfront, 80% to be paid within 12 months and 100% after 2 years.

A truly client centric firm employing more than 5 advisors that have 11 back office staff at their disposal for the purpose of providing the time and ability to service the clients fully. Willing to work with the principal to determine which advisor is best suited for each individual client.

The firm has completed on 5 successful business integration boasting 100% client retention on the most recent one, whilst having 98% on average.

For more information please call 01765 698 699 and quote the reference number 178528