Value Builder BUSINESS SALES | ACQUISITIONS | STRATEGY www.avondale.co.uk Helping you create sustainable equity value.

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Presentation transcript:

Value Builder BUSINESS SALES | ACQUISITIONS | STRATEGY Helping you create sustainable equity value

Multiple bandwidths- pre tax BUSINESS SALES | ACQUISITIONS | STRATEGY Multiple pre tax PBIT or EBITDA ,0001,5002, Most likelyLeast likely

What Influences the Multiple ?

Multiple Influencers BUSINESS SALES | ACQUISITIONS | STRATEGY TRUEGROWTHTRUEGROWTH TRUEGROWTHTRUEGROWTH Company

Multiple Influencers BUSINESS SALES | ACQUISITIONS | STRATEGY TRUEGROWTHTRUEGROWTH TRUEGROWTHTRUEGROWTH Company Multiple

Multiple Influencers BUSINESS SALES | ACQUISITIONS | STRATEGY TRUEGROWTHTRUEGROWTH TRUEGROWTHTRUEGROWTH Company Multiple Risk

BUSINESS SALES | ACQUISITIONS | STRATEGY Company Foundation True Growth - The Role of the MD

BUSINESS SALES | ACQUISITIONS | STRATEGY The Profit Engine Company Foundation Plan strategy. Don’t manage issues Create Dashboard- Strategy KPI True Growth - The Role of the MD

BUSINESS SALES | ACQUISITIONS | STRATEGY The Profit Engine Management Strategy Company Foundation True Growth - The Role of the MD

BUSINESS SALES | ACQUISITIONS | STRATEGY The Profit Engine Management Strategy Company Strategy Company Foundation True Growth - The Role of the MD

Acquisitions BUSINESS SALES | ACQUISITIONS | STRATEGY Synergy (extra sales) Economies of Scale (cost savings) Company A Company B Merged Company Economies/synergy = 3 Bigger profits = Higher Multiple? Shareholder Fruit

What Drives the Multiple? BUSINESS SALES | ACQUISITIONS | STRATEGY

What Drives the Multiple? Income – The Client Base BUSINESS SALES | ACQUISITIONS | STRATEGY

What Drives the Multiple? The Four Areas of Management Income – The Client Base BUSINESS SALES | ACQUISITIONS | STRATEGY

What Drives the Multiple? The Four Areas of Management Income – The Client Base Brand Name

What Drives the Multiple? The Four Areas of Management Income – The Client Base Brand Name Strategic Track Record BUSINESS SALES | ACQUISITIONS | STRATEGY

What Drives the Multiple? The Four Areas of Management Income – The Client Base Brand Name Strategic Track Record Company Positioning BUSINESS SALES | ACQUISITIONS | STRATEGY

What Drives the Multiple? The Four Areas of Management Income – The Client Base Brand Name Strategic Track Record Company Positioning Growth Potential Economic and Political Outlook BUSINESS SALES | ACQUISITIONS | STRATEGY