Following the agreement of a price between you and the would-be acquirer of your business, getting from the point where you’ve shaken hands to the day of completion where transfer of ownership occurs can take many weeks or months. The sale and purchase of a business, particularly share sales, requires a sales and purchase agreement …
Strategic partnerships bring together the value, knowledge, insights, and market reaches of two businesses for mutual and sustained commercial advantage. Unlike with a merger, both companies still exist and operate as separate entities with their own leadership teams and business goals. This means that a strategic partnership needs a different and more flexible type of …
When considering taking their company to market, many business owners’ second question after asking how much their business is worth is asking how long it will take to sell their business. The sale of a business, particularly larger ones, can take up to 12 months or more from the date on which the initial marketing …
Many business owners considering selling their company delay doing so because they want to get their company into what they believe is the “perfect shape” for potential acquirers. While, on the surface, this makes complete sense, there is also ultimately an underlying flaw in the logic of this approach because it assumes each acquirer shares …
What are mergers and acquisitions? And what exactly does a merger and acquisition advisor do? Sometimes, the sum of two companies working together can be greater than the parts. Many companies try to achieve this through strategic partnerships – when two or more companies work very closely together for mutual benefit but stay separate. Others …
According to government statistics, merger and acquisition activity in the UK have achieved historic highs for a number of years in a row now although analysts expect a pause in that rise as the world economy recovers from the COVID-19 crisis of 2020. If you’ve never sold a business before, we’ve prepared this article, primarily …
You may still love your role as the leader of your business. Or, as is common after years of ownership and responsibility, your business may no longer imbue you with the energy and the drive that it used to imbue you with. You may even no longer enjoy what you do. If that is the …
The decision to sell a business is not one which is lightly taken by any entrepreneur. The all-consuming nature of running a business cannot be adequately explained to someone who has spent their life working for other people (which presents a whole other set of very real challenges). Being a company owner takes over so …
When the seller of a business and an acquirer verbally agree on a price for the purchase of that company, the acquirer’s solicitors will, in many cases, send a letter of intent (LOI) to the seller. The letter of intent, sometimes referred to as the memorandum of understanding or the heads of terms, is the …
Selling your business not only requires an experienced M&A advisor, it also requires both buyer and seller to be represented by corporate solicitors, accountants, and other professionals. If you have never sold or bought a business before, you’ll hear many terms which may be new to you before, during, and after the process. When approaching …
