Post by account_disabled on Mar 7, 2024 4:00:50 GMT
Izquierdo motter doubles its forecasts in 2019 in the number of purchase and sale operations of professional offices and consultancies. During this month of July, the forecast for sales, integration and transfer operations between professional offices has been closed and a 100% growth in the number of operations that will be closed this year is confirmed. Likewise, the downward trend in the valuations of offices is confirmed, which has decreased by approximately 12.7% compared to last year's values and, on the contrary, the average billing of offices that have been transferred, sold or integrated (mainly consultancies and agencies) are around €400 thousand in turnover.
The increase is motivated by two key Asia Mobile Number List factors from our point of view: Professional fatigue prior to retirement. Visualization of a more competitive and concentrated market. A lack of buyers with notable financial capacity to be able to undertake operations of a certain size (over €300-400 thousand) and who can provide economic and business guarantees against them is also identified. It is possible that in the next two years we will observe relevant changes in the sector that accelerate the integration processes between advisors and lawyers, but it is difficult to determine the level of said speed of integration.
The international groups that are appearing in the Spanish market, attracted by profitability and the opportunity to carry out relevant projects, will mark part of the valuation of the office market. Likewise, we detect that there will be offices with differentiating elements that will be acquired not only for their generation of results, but also for innovative elements of differentiation. Mediation , in which our firm is positioning itself as a benchmark in the professional law firm market, will be part of the most important strategic services in the sector, as an accelerator and help in establishing agreements.
Finally, we highlight the need and importance of preparing the sale of professional offices at least two years before said sale, not only for the planning of the same, but also for the importance of finding offices that have the same identity and dynamics. of work. Professional offices situation For our part and within our digital transformation strategy of our business model, in the field of purchase and sale we have created the portal which, with the direction of Xavier Gracia, will provide an additional channel to offices interested in growing, additionally to our brand leftmotter that will try to consolidate itself as a reference firm in the sector. Thank you to all the professionals who are trusting in our work for a sector that deserves to grow and be valued as a key piece of the economy.
The increase is motivated by two key Asia Mobile Number List factors from our point of view: Professional fatigue prior to retirement. Visualization of a more competitive and concentrated market. A lack of buyers with notable financial capacity to be able to undertake operations of a certain size (over €300-400 thousand) and who can provide economic and business guarantees against them is also identified. It is possible that in the next two years we will observe relevant changes in the sector that accelerate the integration processes between advisors and lawyers, but it is difficult to determine the level of said speed of integration.
The international groups that are appearing in the Spanish market, attracted by profitability and the opportunity to carry out relevant projects, will mark part of the valuation of the office market. Likewise, we detect that there will be offices with differentiating elements that will be acquired not only for their generation of results, but also for innovative elements of differentiation. Mediation , in which our firm is positioning itself as a benchmark in the professional law firm market, will be part of the most important strategic services in the sector, as an accelerator and help in establishing agreements.
Finally, we highlight the need and importance of preparing the sale of professional offices at least two years before said sale, not only for the planning of the same, but also for the importance of finding offices that have the same identity and dynamics. of work. Professional offices situation For our part and within our digital transformation strategy of our business model, in the field of purchase and sale we have created the portal which, with the direction of Xavier Gracia, will provide an additional channel to offices interested in growing, additionally to our brand leftmotter that will try to consolidate itself as a reference firm in the sector. Thank you to all the professionals who are trusting in our work for a sector that deserves to grow and be valued as a key piece of the economy.