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Welcome to Owens Professional
Partnership
Please feel free to browse our site which has been designed to support our practice acquisition service leading to the sale, merger and acquisition of accountancy practices.
Our objective is to facilitate balanced deals that are beneficial to both parties in the short and long term through the provision of professional, confidential and diligent service.
How to use the site
The menu to the left provides
navigation to the OPPORTUNITIES
currently on offer. If you are interested in a particular
transaction or wish to make use of our confidential service
then please use the CONTACT form
to communicate with us.
We will phone back to discuss your requirements.
Lifestyle Practices
We have recently identified that there is growing demand
from buyers in the acquisitions' market for "lifestyle
practices". These buyers are looking for an opportunity
to change their lifestyle, both professionally and personally
through the purchase of a practice situated in a new location
or a new part of the country, often rural areas or small market
towns. The menu to the left provides navigation to the LIFESTYLE PRACTICES
currently on offer. If you are interested in a particular
transaction or wish to make use of our confidential service
then please use the CONTACT form to communicate with us or
via the CONTACT button on the LIFESTYLE PRACTICES page.
Similarly, if you are a seller who thinks he can offer buyers
the opportunity for a lifestyle change, through the sale of
his practice, please give us a call or send us an e-mail,
to discuss your practice, in complete confidence.
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Renewed Confidence in the Market.
Clear signs of renewed confidence in the market for accountancy practices began to emerge last year. There was a significant increase in the number of sale instructions received than had been seen in 2009. Prices for practices has remained steady throughout 2010, with good quality practices with a turnover of less than £350,000 attracting multiples of between 1 and 1.15 (for deals with clawback) and some above that. Multiples vary for larger practices. There is much more variation on price now depending primarily upon location and quality of client base.
Demand for practices is still buoyant. In terms of size there is demand across the board from £50k to £1m+. Each new sale marketed generates serious interest from often 10 to 20 firms, with some having 30+ firms interested.
Acquisition opportunities of £750,000+ may not be shown for reason of confidentiality. Please check the opportunities listed below, but feel free to telephone if you cannot see the specific opportunity you are looking for.
In the opportunities listed, we have included only the details you would see from our public advertising as we are conscious of the need for confidentiality of our clients' dealings.
We encourage you to use the facilities of the site, particularly the contact form, as this will help focus the conversation when we phone you back. We will not give out opportunity details by email.
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