Phase I: Preparation
During this initial period, we take the time to understand your goals and prepare the company for sale. We will assist your financials and operations, complete a valuation analysis and write a comprehensive information memorandum. We will then identify logical buyers, present the process and discuss the deal. Throughout the process, we will identify issues that interested parties may uncover so that we can address them effectively as they arise.
Phase II: Making the Deal
We will receive a number of Letters of Intent (LOI) from interested parties presenting their buyout or investment proposals. When appropriate, we will meet with the selected buyers, allow them to tour your facilities, and encourage them to enhance their offers. Together, we will screen final offers and choose the best one based on offer size, terms, likelihood to close (e.g., ability to pay/arrange financing) and other factors.
Phase III: Closing the Sale
This period begins once a buyer is selected. The extent of the due diligence will be agreed upon prior to accepting the LOI. We will help facilitate the process, monitor the buyers financial arrangement, run the secure date room and answer many of the questions that arise. Once the buyer satisfies its due diligence needs, we, along with your legal counsel, will help conclude negotiations, finalize the purchase and sale agreement, resolve remaining issues, review all purchase documents and close the transaction.