Reference: 26505 | Region: Selling , South East | Price: £440,000 | Funds Under Management: £22,360,000 from Group Personal Pensions, £20,640,000 from Personal Pensions & £3,500,000 from investments |
Recurring Income: £50k from corporate clients in respect of GPPs, £39k from Group Protection Business & £40k from client fee agreements | No of Active Households: 23 corporate schemes (with reach to c2500 employees) & 45 households paying an ongoing fee

The owners of this business are looking to sell and retire however are happy to help out with a full handover to ensure a smooth transition for their long-standing clients. The business primarily focuses on corporate income, so it is important you are experienced handling these types of relationships. Plus, there is a lot of untapped potential for an acquirer to increase the OAC for private clients as these clients are currently charged less than 0.5% ongoing.  

They are seeking a share purchase with a multiple of 3x income from both corporate and private clients which would total a purchase price of c£440k

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