What to do with an unsolicited offer for your business??
What will you do as a business owner if you find yourself in the position of entertaining an unsolicited offer from a Private Equity Group or Corporate Acquirer? This phenomenon is happening more frequently than you may think. Due to the instability of the stock market, more and more groups and companies are searching for businesses to acquire. If you are considering selling your business, it’s a great time to execute your exit plan…even in this economy!
On the surface, some of these unsolicited offers may seem too good to be true and they probably are! As experienced mergers and acquisitions advisors, we can tell you the best way to achieve the maximum value in the sale of a business is to create a competitive environment for your company.
Considering an unsolicited offer? Consider this…
The buyer has done this before – You’re probably not the first company they have approached. Private Equity Groups, strategic buyers and private investor groups have a long track record of buying businesses.
Maximize Value – First and foremost, make sure there is competition in the deal! Make sure you have done everything you can to “tune up” your company’s financial statement.
No offense, but how often do you sell your business? - Most sellers have never sold a company and the first time on your own is not a good time to learn lessons.
Get Representation – Transact Partners will negotiate with you & assist you through the process. We want to help you get the maximum price for your business.
On the surface, some of these unsolicited offers may seem too good to be true and they probably are! As experienced mergers and acquisitions advisors, we can tell you the best way to achieve the maximum value in the sale of a business is to create a competitive environment for your company.
Considering an unsolicited offer? Consider this…
- The buyer has his own agenda
At Transact Partners, we are there the help guide you through the competitive world of business sale transactions. We are trusted advisors that understand the process and the confidentiality that is required when taking a business to market. At no cost or obligation, we will provide you with an honest assessment of your business and its market potential. Finally, we do not charge upfront fees or retainers for our services. Please contact me at (919) 844-2929 for more information and I look forward to sharing more topics with you through our blog.
Comments