Buyer for financial BPO company in United Kingdom

• Revenue: < 3M GBP
• Valuation: < 2m GBP
• Employees: > 10
• Location of the target: United Kingdom, but also Nordics or any other European country
• Reason for acquisition: The company is part of a large Holding. The group’s representatives           have a strategy for growing the operations in United Kingdom via acquisitions, therefore the management is open to speaking to interested sellers
• #CFIE ITB085

The buyer is a large enterprise specialized in providing outsourcing accounting services. It is part of an international Holding that owns more than 60 companies with activities spread across 7 diverse industry sectors. In exploring new ways of growth, the group is currently seeking possible entry modes to UK market and would like to acquire an accounting firm or a BPO in UK. Financing for the acquisition will be done by the parent company and the amount will depend on the size of the target, no bank financing needed. As for the possible synergies to bring to target can be mentioned management skills, technical expertise and funds for further expansion. Planned time to start the M&A project is as soon as possible. Target companies should activate in accounting/BPO industry and should be a well-established company with a loyal/good customer base. Target location should be in UK, but also Nordics or any other European country.

The buyer company is an important shared services center and is backed-up by a strong holding that is present in more than 140 countries. The company is focused on people and new technology in order to deliver high quality services and performance. It employs more than 300 talented people that have in-depth domain expertise and through innovative know-how are able to transform the processes of a business so that it becomes more efficient and competitive. The team has numerous accounting professionals that are specialized in delivering Finance and Accounting services including Accounts Payable, Accounts Receivable, General Ledger, Fixed Asset Accounting, Payroll, Bookkeeping, Management Reporting & Analytics.

Clients are helped to shape their finance and accounting functions due to the integration of specific accounting know-how in the best suited technology, fact that results in a healthier growth. The team defines detailed standard operating procedure for accounting, implements workflow solutions, uses document management practices, determines the right KPIs, establishes quality control processes and continuously focuses on automation and controls. Another important aspect that boosts the accounting services delivered is determined by digitization process enabled. The company helps in data processing operations allowing digitized information to be integrated in the clients’ business systems, this making easier for the information to be shared within an organization. The team is also able to offer expertise and professional consulting in various software platforms such as SAP, Microsoft Dynamics AX, JD Edwards and Oracle. The company’s processes are in line with global standards such as Six Sigma and ISO. All of the above mentioned recommends the company as a perfect choice for outsourcing of accounting services.

The buyer is looking to acquire a company that operates in the same activity and has similar services such as:

• Finance & Accounting
• Analytics
• Reporting
• Payroll
• Information Security
• Data Integration & Processing
• Consulting

• The buyer is a large enterprise specialized in providing outsourcing accounting services
• The company uses advanced accounting technologies and practices to increase efficiency
• The company has decided to enlarge its activities in United Kingdom and is looking to buy another company with similar activities and services
• Target companies should activate in accounting/BPO industry and should be a well-established company with a loyal/good customer base