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
Overview of the Buyer for financial BPO company in United Kingdom
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.
Profile (strategy) of the Buyer for financial BPO company in United Kingdom
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.
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.