Selling for a new beginning
Our uniquely placed team has experienced all aspects of IFA acquisition and our people will lead you through the process with care and diligence.
How we approach acquisitions
We believe in a flexible approach to acquisitions and what you want to achieve. Understanding your goals is our starting point as we take you through a step-by-step acquisition process with inbuilt flexibility for each business we work with. Offering opportunities for retiring owners, incentives for continuing practitioners – or a mix, can all be catered for.
For our acquisitions to be successful we believe in a strong business fit, shared ethics and a group culture based on our core values.
The process with our team
Key drivers for sale
Understanding your business and what’s important to you as you consider a sale.
Sharing the Verso vision and aligning values.
Basis for acquisition
Discuss and agree a basis for acquisition.
What happens post-completion and what continued involvement you may wish in the business or otherwise.
Start to gather financial information on the business.
Deal structure
Discuss deal structure and acquisition price value.
Develop and agree Heads of Terms.
The process to completion.
Due diligence
Commence due diligence working towards a change of control application, regulatory, financial, legal and tax.
Path to completion
Prepare for completion.
Outstanding due diligence.
Communications and disclosure.
Integration discovery and planning.
A typical timeline for acquisition is four to six months, depending on the FCA change of control.
When you sell to Verso
From our founders’ roots at The Cavanagh group complemented with a team of industry experts, we firmly believe we are the stand-out proposition for IFA consolidation in the UK. You can leverage the vast experience our leadership team has of owning, running and growing businesses.
We understand you may have questions and concerns about the future, but with a collaborative approach we trust you will feel secure and excited about what’s next as you become part of our group.