There follows a small selection of the jobs which we have successfully handled in the recent past. In the last 12 years we have completed about 75 deals Sales/Purchases/Mergers, plus a number of consultancy assignments.
We assist practices of all kinds from £8K to £8M and wherever they are in the UK.
Jobtel specialises in selling and buying accountancy practices. Jobtel prepare a separate marketing plan and targets for each new assignment. Each project is carried out afresh.
Jobtel also sells advice in the form of guidelines/packs for DIY M & A for key facets of mergers and acquisitions, like tips on selling your practice, legal formats, due diligence etc through the website, www.jobtelmanda.co.uk
Generally we work on success related commissions but are willing to undertake assignments based on a per hour charge. Ask for a quote. We advise firms on alliances. We assist in merger negotiations. We carry out Commercial Due Diligence on behalf of buyers.
We value practices in all sorts of circumstances – Partner entry, Partner Split, Transfer price for Ltd Co format, Sole Practitioner death. This is usually for a fixed price.. ask for Quotation
As you see we have had projects all over the Country. - We visit each new client before taking on any assignment.
2006
- Aug - Nottingham £35K fees, seller ill sold to another Nottingham sole practitioner
- May - Sheffield block of £21K fees seller consolidating to fewer branches to Local Practitioner
- April - High Wycombe Bookeeping & Accs Practice £60K sold to a local CAs firm
- February - South West Valuation for firm £900K for possible sale, or buy-in.
- February - East London Sole practitioner £47K. Sold to start-up practitioner
2005
- December - Grantham/Stamford – Lincs £90K sold to a parallel firm locally.
- August - West London, Greenford £80K (after Death) Sole Practitioner sold to a local buyer in 6 weeks
- August - Support to two firms who have been approached with offers from larger buyers.(on the clock)
- August - Barnsley- Yorks, £140K Sole Practitioner. Sold to a Sheffield practice.
- July - Alfreton Notts, Marshall & Co £300K sole practitioner. Sold to a Derby Practice.
- June - Notts. Valuation carried out for potential manager buy-in to firm.
- May - Peterborough. Emmerson & Co £110K sole practitioner. Sold to a partner in a larger firm
- May - Doncaster, £60K CA firm sold to a nearby practice. Jobtel acted for the buyer
2004
- Nov - Chesterfield Derbys, Martin Bruno Ltd a £400K practice sold to a Derby firm
- Sept - Lichfield – valuation of practice for buy-in to a deceased’s practice
- Sept - Salisbury £110K firm merged with a larger Surrey practice
- Aug - London – part of a commercial due diligence team £3M practice Winters merging with £1M firm
- Jul - Pinner Middlesex, Burnham & Co. £330K firm merged with large Middlesex practice
- Jul - Surrey £17K sole practitioner, retirement, sold to another Surrey sole practitioner
- May - London – family practice valuation for transfer to Ltd Co format.
- Apr - East London £80K bookkeeping accounts bureau sold to an East London Practice, Tiffin Green Mar Stansted, Wilson & Wilson £200K 2 partner practice sold to a North London practice
- Mar - Somerset firm £30K sole practitioner sold to a North Devon firm also extended consultancy
- Feb - South London practice £60K doing monthly accs prep, payroll, VAT etc sold to a new start firm
2003
- Dec - Lloyd & Co, a £30K Derby practice, sold to another Derby firm
- Aug -Salter & Co a South Manchester CAs practice £165K sold to another South Manchester firm
- Apr -Mid Wales practice of £150K sold to an Oswestry practice
- Apr - Bedford practice c£220K sold to Summers & Co a local practice
- Apr - Segger, an £80K Norwich practice sold to another Norwich firm
- Apr -Dacosta, an Ilford CAa firm £60K sold to a local Ilford firm
- Feb -Nottinghamshire – Valuation on partnership split
- Jan -Norris, a Devon firm - £50K sold to another Devon firm
2002
- Oct -Assignment to improve profitability of £1M North-West firm
- Apr - Commercial due diligence on a target North East company on behalf of a buyer
- Apr - Introduction of main parties for Vantis, GRF £2M North East + GRF £9M London. AIM flotation. Following this Jobtel have a “watching brief” looking for potential target firms.
- Apr - Valuation for the introduction of a new equity partner, formerly salaried partner London area
- Apr - Derbys/Notts firm Hyett & Langfield - £250K – sold to a Nottingham firm
- Mar - Newport Shropshire - £200K – satellite of Birmingham firm – sold to a Stoke on Trent firm
2001
- Dec - Smith - Hucknall, Notts £100K – sold to a Nottinghamshire firm
- Sep - Miller & Robinson – Mansfield Notts £130K – sold to a Yorkshire firm
- Aug - Audit Clients only of £50K of a firm in Birmingham – sold to another Birmingham firm
- Jun - Valuation for retiring partner – Jobtel are asked to carry out several valuations every year
- May - Martin Ross – London GRF £160K sold to Wilkins Kennedy – London Apr G E Corpe – South Shields £60K sold to Willis Scott – Sunderland
2000
- Dec - Crewe, Staffs firm - fees £50K sold to a Winsford firm Owner was ill. Sale completed in 4 weeks.
- Aug - Angland O’Keefe - Twickenham (Gross Fees £60K) sold to Goddard & Co – London
- Jun - McCabe Associates – Harrow (GRF £390K) sold to Koshal Associates - Ruislip Manor Apr Sanderson Wilson - Scunthorpe (GRF £140K) sold to Atkinson & Co – Hull 1999
- Aug - Deeping Acc Services - Peterborough (Gross Fees £116K) sold to S Smart & Co – Peterborough
- Jul - Rose Moffat & Co – South Norwood (Gross Fees £95K) sold to White Corfield - South Croydon Jun K J Dyer – Nottingham (Gross Fees £12K) sold to Huw Williams – Nottingham During
1999
Mr J E Hamilton became the new owner of Jobtel but made use of the existing skills, documentation and know-how. Some of the previous deals were as follows:-
1998
- Jun - Gratton-Smith & Co - Abergavenny (Gross Fees £76K) sold to Richard Hughes & Co – Hereford
- Apr - J A Austen & Co - Oakham (Gross Fees £52K) sold to Rupert King & Co Limited – Grantham
- Jan - R H Coombes - Cotswolds (Gross Fees £132K) sold to George-Addis & Co – Hinkley Leics
1997
- Jul - Burgin Kingston - Stamford (Gross Fees £180K) sold to Duncan & Toplis (8 office firm)
- Jul - Dharsi & Co - Croydon (Gross Fees £140K) sold to C J S Mason
- May - Calthorpes - B’ham (Gross Fees £500K) formed partnership with Levy Gee (Top 20 firm)
- Apr - C J Hewson - Scunthorpe (Gross Fees £350K) merged with Forrester Boyd (6 office firm)
1996
- Jun - K Sherwin & Co - Crewe (Gross Fees £48K) sold to P Firman
- Aug - W T Thieme & Co - Doncaster (Gross Fees £171K) sold to Angus Norden & Co – Barnsley
1995
- Jul - Joseph & Co – Kidderminster (Gross Fees £14K) sold to Worton Rock & Co (4 office firm)
- Feb - Singleton Carter - Nottingham (Gross Fees £200K) sold to Haines Watts (Top 20 firm)