Sell-out of a Business

The Challenge

More often than not, many businesses reach a stage of their development in which the only alternative for them is to be sold out because they are not sustainable enough to withstand the competition on a long-term basis or because there is nobody to inherit their ownership and management.

The first set of questions in such a situation includes the following: Can my business be sold at a price that is higher than what its tangible assets are worth? Are there suitable buyers and who are they? At what price and under what terms and conditions would they buy the company?

The second set of questions goes as follows: Do my financial statements reflect reality? Is my business ready for sellout so as to give a fair reflection of the real situation to the buyer’s advisors and to prevent the occurrence of hidden problems that could outweight the benefits of the deal?

Scope

• Assessment of the opportunities for selling of the business and the possible terms and conditions of the sell-out;
• In-depth financial review and due diligence to check whether the financial statements tally with reality and to make the relevant adjustments;
• In-depth legal review and due diligence of all assets and liabilities, contracts, agreements and relationships with third parties and their adjustment to the investor’s expectations;
• Analysis of the possible negative tax effects and choice of a lawful approach to prevent them;
• Valuation of the company to be sold for the purposes of the deal;
• Drafting and signing of a Memorandum of Understanding in the preparation of the deal;
• Participation in or conduct of the negotiations on the terms and conditions of the deal;
• Conclusion of the final agreement, receipt of payment and handing over of the management.

The Solution

The service is designed to provide everything that the seller of a business needs: from the preparation of the company for sale, through the selection of potential buyers, the pricing and negotiations on all terms and conditions of the deal, to the conclusion of the final sell-out agreement, the payment and the handing over of the management.

Key Benefits

We have cohesive teams of business advisors, auditors, lawyers, tax and financial experts who can participate in the implementation of a business sell-out from the original concept to its successful completion.