THE BUSINESS SALE PROCESS IS THE SAME WITH EVERYBODY – WHY CHOOSE VENTURE CORPORATE FINANCE?
With each sale process, you effectively go through the same stages with every broker no matter how prestigious and well-known they are. The merger and acquisition process below includes all the steps involved in merging or acquiring a company, from start to finish.
Stage 1 – Developing an understanding of your business, its valuation and capacity to sell.
Stage 2 – Introduce buyers and agree on a valuation and deal, set up a data room and business due diligence preparation.
Stage 3 – Heads of terms to confirm the deal, structure and start due diligence.
Stage 4 – Complete due diligence, sign a share purchase agreement and complete the deal.
Stage 5 – Support with completion balance sheets.
In some cases, many brokers will charge you for Stage 1 anywhere from £5k to £25k, plus a monthly retainer to develop documentation and review the documents and performance of your business that you are sending them. You will likely not see them after Stage 4!
In most case, brokers will be charging you £5k to £10k+ at stage 2 and then a monthly retainer and will still be struggling to understand whether
- a) you are ready to sell
- b) you will achieve your valuation
- c) buyers are even interested.
It’s safe to say, you will probably not see them after Stage 3 or have an offer anywhere near the table, and don’t even think about Stage 4.
Why is Venture Corporate Finance any different?
To ensure that our clients receive the high quality of service and advice we start the process at Stage 1 and work with you on our Transaction Readiness Report that will ensure a zero risk, zero cost introduction to understanding whether your business can be sold at the valuation you are looking for.
Only once you are confident that we will achieve the results you’re looking for do we move on to Stage 2 and only at Stage 3 will we ask for payment.
This is our assurance to you that we have achieved the value, secured the buyers and have accepted an offer.
WOULD YOU LIKE A TRANSACTION READINESS REPORT FOR YOUR BUSINESS?
A review session to understand more about the Transaction Readiness Report and how it can help support any future decisions on selling your business.
Venture Corporate Finance is a middle-market M&A advisory firm for clients planning to sell their businesses, raise capital, restructure, or grow with acquisitions. We provide independent advice and bespoke transaction solutions to meet their specific objectives.
For more information on corporate finance and M&A services, contact Venture Corporate Finance.