The Price is Right

The Client

A recruitment company looking to get purchased, but only in the right circumstances.

The Problem

Azuki took over the accounts for the Client from another external bookkeeper who didn’t know recruitment. We identified many issues with the accounts including the fact that holiday pay had been calculated incorrectly. This needed to be rectified asap because the client was looking to sell.

The Solution

We swiftly rectified all the errors made by the previous external bookkeeper and positioned the Company as sale ready. Using our extensive network of the recruitment industry Azuki was able to introduce them to another Client who was looking for acquisitions.

The Outcome

Our Client sold their business for a very generous multiple of EBITDA.