Accountancy – Fee Block Acquisition, Midlands, 2025
- April 3, 2026
Situation
A two-partner firm acquired a retiring practitioner’s fee block at £310,000. Eight-week deadline. The purchasers wanted an unsecured structure.
Challenge
No prior acquisition experience. Key client relationships held personally by the retiring principal.
Structure
Unsecured practice loan over four years. Integration buffer built into the affordability calculation. Clear handover plan prepared before lender approach.
Outcome
Completed on time. Client retention strong at 12 months.
Key insight
Fee blocks fail on integration, not on multiples. Lenders want the plan, not just the number.
