We aim to understand what is important to you, the seller. Your expectations for, value, exit time frame & legacy.
As we all as learn about the business model, staffing, financials, products etc.
We agree fair value & terms and for the sale. We are looking for a Win/Win/Win for all parties:
Heads of Terms (HoTs) is an agreement that contains the overall framework for the deal.
It is not a legal sale agreement; though, it does reference key points that will then be used to draft the formal Sales Purchase Agreement (SPA) later on.
The Due Diligence process is where we look at several parts of the business. In part 1 we focus on the legal, financial and property to ensure everything is in order before progressing to Part 2.
We have a smooth and streamlined process to guide you through which makes everything straight forward.
Part 2 is about the Commercial side of the business and has a strong focus on the people, the processes and operations.
This is were we start the pre-completion and post-completion transition planning. We have a comprehensive framework we adapt for each business.
When we are all satisfied with the outcome of the Due Diligence, we will advise you to instruct solicitors.
We work collaboratively with you and your solicitor to develop the Sale & Purchase Agreement. We have an independent panel of solicitors who are familiar with M&A if you require one to act for you.
You have now sold your business and can begin to enjoy your time and freedom!
We commence with the handover process, keys, passwords, etc.
Together we will hold a general meeting with all staff to make a pre-planned announcement that outlines the vision for the business and specifically the next 90 days.
Our framework for the first 90 days is people based to ensure that all change management is handled sensitively and at a pace that is not overwhelming.
New reporting processes will be introduced to learn more about the business and to monitor the finances and operations. Meetings with staff will take place to provide personal development plans and set goals.
Working closely with the management team we will ensure the business has a solid strategic plan.
This will cover the five core areas of Operations, Finance, Sales, Marketing and Talent. Focus will be given to workforce planning, cash flow management and future forecasting. Where appropriate new projects will be launched to build growth.
We are looking for good quality businesses with a great history, a strong and focussed team and a strong people and quality focussed culture. Other criteria may include:
