The Company

Our client with £300m FuM is currently under a network, and they are looking to break away and become directly authorised. Therefore, they are seeking ideally a shell company which is directly authorised so they can apply for a change in control application with the FCA to fast track the process.

The firm have strong financials from ongoing trading to support this acquisition.

Option – Sell and Go

This is ideal if:

  • You want a fair and highly competitive price for your shell business
  • You only want to deal with a financially sound and highly reputable Independent Financial Advisory firm

Value

Generally a multiple of 3.5x to 4x of ongoing fee income and / or an attractive payment for simply a shell company.

Benefits

  • Take shell company off your hands without the need to deauthorise and cost of solvently liquidating
  • Must be a share purchase for Change in Control purposes which should meet Business Asset Disposal Relief criteria
  • Would continue to service any clients sold with ongoing client centric service proposition

Criteria

  • Must be a directly authorised business
  • Clean compliance record with no / few upheld complaints
  • Minimal asset under management needed
  • Holding Discretionary Fund Management permissions would attract a premium value

Locations

London preferably but will consider any location.

Call us now on 0208 0044 162 or click Apply

Liability and Disclaimer

The information contained in our advert including any valuation calculations and percentage of up front and deferred payments are given in good faith and Premier Jobs UK Ltd uses all reasonable efforts to ensure that it is accurate. However, Premier Jobs UK Ltd gives no representation or warranty in respect of such information and all such representations and warranties, whether express or implied, are excluded. No liability is accepted by Premier Jobs UK Ltd for any loss or damage which may arise out of any person relying on or using any information within this advert.