Home / Sell your practice / Birmingham
Sell your accountancy practice in Birmingham
If you own a West Midlands practice and are weighing succession, retirement or a straight sale, you can sell it to us directly and in confidence.
If you own a West Midlands practice and are weighing succession, retirement or a straight sale, you can sell it to us directly and in confidence.
Birmingham is the UK’s second city and the commercial centre of the Midlands, with established accountancy practices serving everything from manufacturing to professional services. An owner planning retirement or succession has to decide who takes over, and how to protect the clients and staff built up over the years. We buy Birmingham and Midlands practices directly, so you deal with the people who will run the firm after you.
We are the buyer, so you talk to the decision-maker from the start. The conversation is confidential, you pay no broker commission, and the deal follows your timetable. For a full comparison of the two routes, read our guide to broker vs direct.
Before price, you need to decide who ends up running the practice. There are broadly three answers: an internal buyout by your own managers, a merger or trade sale to another local firm, or a sale to a buyer who will operate it. Each has different consequences for certainty, confidentiality and how quickly you can stop working. Our guides on management buyout vs external sale and succession planning go through each route in full.
| Question | Internal buyout | Sale to Practice Group |
|---|---|---|
| Who funds it | Usually your managers, often out of the firm’s future profits | We fund the purchase |
| Certainty | Depends on your team’s appetite and their ability to borrow | Terms are agreed before anything is announced |
| Confidentiality | Your team has to know early in the process | Staff and clients are told once a plan is agreed |
| Clean break | Usually staged over several years | Clean break or phased step-down, your choice |
Your team holds the client relationships, so keeping the team is how the clients are kept. What that means in practice is agreed in heads of terms: who stays, what changes, and what is said to staff and clients, in what order.
Birmingham, Solihull, Coventry, Wolverhampton, Walsall, Dudley, Sandwell and Sutton Coldfield, and out into Warwickshire, Worcestershire, Staffordshire and Shropshire.
Your practice will normally be valued at a multiple of its gross recurring fees (GRF), because owner-managed profit reflects how the owner pays themselves. The range in our valuation guide for general practice is broadly 0.8× to 1.2× GRF, lower for weaker firms and 1.3× or more for high-quality fee blocks.
If you are still deciding who should take the firm on, we can talk both routes through with you in confidence.
Your timetable sets the pace of every stage.
Book a confidential call
Andy Jackson, co-founder