The Purchasing firm is based in Central London & has a strong suit in advisory work for High Net Worth clients. They now seek to acquire an established accountancy practice with the necessary infrastructure in place. Staff & premises are to be retained; the Principal(s) will be retained for a period to be agreed of two years or more (flexible).
Following the sale itself the departing incumbent will enjoy an attractive package for the period of their retention which will include a share of the profits. (S)he will work with the new owner to recruit a suitable individual to run the office going forwards and will then remain to over-see the transition itself ensuring the stability of the client base is maintained. The new entity will benefit from the impressive resources available to it via the Purchaser’s existing business. Up to 1.5x on offer for the ideal opportunity.
If this could be of interest but perhaps you are not yet sure – please contact Lucinda on a strictly confidential basis.
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