BASW00841 – Successful Perth Practice seeks established fee base

A well established, service focused, energetic second tier firm located in Perth has a strong desire to grow through‘tuck ins’, partial and/or regional acquisitions.

Desirable prospects include sole practitioners with a minimum of $500K+ in fees through to multi partner firms with fees up to around $6 Mill, perhaps where only some of the equity holders are in search of succession options.

This opportunity will be particularly attractive to firms that desire an outstanding work environment, would benefit from the assistance of additional resources and support, wish to be able to offer its clients broader services, and more in depth expertise, whilst also benefiting from a strong and significant brand.

Services currently offered and sought within a partner firm include business services, audit, corporate advisory andfinancial planning to a strong base of business clientele. Clients with an average annual fee around $3K – $10K, as well as private company audit clientele, are certainly a good match for this firm. Naturally they have the capability and capacity to service a selection of significantly larger clientele as well.

Whether you are an exiting or retiring partner in search of a new home that will proactively care for your clients, or a firm that understands the benefits to be gained from the structure and brand of a larger operation, this is definitely an opportunity to be considered. Likewise, staff are key considerations for firms when it comes to a potential transaction. Needless to say, being part of this firm offers exciting and ongoing training, support, career growth and development as well as more diverse experience and the opportunity to work with varied clientele.

This firm is positioned to act now and is offering market competitive terms and conditions for a transaction. The desired transition will depend on the scenario, however typically this could be 12 months or less for a small tuck in and perhaps a couple of years for a more substantial acquisition. Any relocation of premises can take place over the medium term where required.

At the very least, it’s worth a discussion.

Please e-mail michelle@robknights.com.au or call (02) 9233 4333 to initiate a completely confidential discussion.

Please note, this firm is representing the purchaser in this proposed transaction. Hence, no fees or charges are payable by the vendor in relation to this particular proposal.