- We assess if the enterprise aligns with our “Acquisition Criteria” – the fundamental financial and qualitative benchmarks we seek. For this evaluation, we require preliminary general financial info.
- Recognizing the sensitivity of a potential sale; we prioritize the stability of your operations and the comfort of your staff and clientele. To safeguard your interests, we’ll furnish a binding confidentiality agreement, ensuring discretion and our unwavering commitment to privacy.
- We prioritize connecting with all business sellers, be it virtually or face-to-face. Our initial interaction won’t delve into financial specifics. Instead, we aim to grasp the essence of your business model, the roles of your core team, and the company’s heritage, ethos, and market stance.
- If the business resonates with us, we initiate a comprehensive review, necessitating detailed financial records for accurate valuation. Collaborating with our financial partners and associates, we design a purchase and growth strategy. While the primary review can be swift, spanning a week or two, it’s not uncommon to seek further details for clarity.
- Subsequently, we embark on a phase of negotiations, potentially culminating in a formal offer and a Letter of Intent to purchase your business.
- Upon agreement of an offer, we transition to the Due Diligence phase. External legal and financial experts will thoroughly examine your business’s financial records, operational methods, and procedures. This ensures transparency and alignment of expectations. This phase might involve on-site visits, during which we’ll collaboratively strategize the best way to communicate the changeover to your team, ensuring their ease and confidence of their future within the business.
- The final steps involve sealing the deal and transitioning leadership. The entire process, contingent on the agreement’s can range from a fortnight to several months, depending on the intricacies of the agreements.