Business acquisition finance appears to be on the increase. One key growth strategy for a business is often to look at purchasing another business. It might be to enhance the existing product portfolio, or it might be for diversification with the potential to enter new and vibrant markets.
The NGI team have broad experience in helping with acquisition finance. Recently we have been delighted to enable a firm of accountants to scale up their operation through acquisition. By purchasing a smaller accountancy firm, they were able to expand their regional network and increase their client base and referral network.
The key factors to consider for acquisition finance are:
- Does the management team have the experience to correctly carry out the acquisition?
- Does the business have the ability to service any debts?
- What are the projections for the debt to turn in to equity following any future deal?
The NGI team have the ability to help acquisition finance within the region of £200,000 to £600,000. If you would like to discuss this further please feel free to call us on 01993 706403 or e-mail enquiries@ngifinance.co.uk.